Replies to post #595354 on Fannie Mae-No Politics (FNMA)

[Ace Trader]

CNN our this out 4 weeks ago saying the only way Biden will beat Trump is if these a rescission. Moving forward this year nothing is going to crash Freddie and Fannie and shareholders should be buying as many FMNA wonka tickets As possible

[nagoya1]

Do you know stats...If 80K have been infected and 3k have died--that's more than 25-1..Your regular flu example though is for 8 Billion people with 80K deaths...Shaking my head, how's flat earth been treating you....
FNMA

[Louie_Louie]

Agree.
Follow Buffets law right now if you have $$$
Be fearful when others are greedy, and be greedy when others are fearful.

[Donotunderstand]

it is the rate of death

it is now getting confirmed that the flu is one tenth of 1% of those who catch it

It is not getting somewhat confirmed that this corona runs at say 1.% to 2%

So it is 20 times as deadly (and look at rates for those over 60 !!)

So if this virus spreads like the flu - and why should it not (sans aggressive action and concern v your downplaying)

There will be 10-15-20 x deaths

[Donotunderstand]

And market will recover

this shock - will get larger and larger - and even without panic - we likely will lose 5% of production

the GDP will likely start running at 1/2% growth v 1.8% (let alone the DJT promised with tax cut 4%)

the market at 30,000 is priced to 2.5%

the decline in market will be IMO limited (say a slow added 5% decline? with days of dumb fear) ---- because much of the reduction in GDP is not a LOSS forever but a delay to be made up

So I expect a real measureable decline in GDP growth (or non growth) for say 6 months (lagged reporting) and then a bound back as DELAYED production starts up