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Response to at140 (Reply #20)

Tue Apr 14, 2020, 04:35 PM

24. It had a serious market impact in mid Feb.

Nobody may have been worried about it on a cruise... but companies that had supply-chain impacts from China were already tumbling.

Except for outfits who sell on line like Amazon, Walmart etc, profits for 2nd and 3rd quarters will be simply horrible.

Sure... but "simply horrible" isn't enough information. What will the impact be on earnings a year from now? Two years from now? How do those expectations compare to the expectations the market had yesterday?

A cruise line that I've used is up >50% in the last couple weeks... but that's still down almost 75% from where they were in January. Their chance of ending up bankrupt is still substantial... but not AS substantial as two weeks ago. That doesn't mean that their next couple quarters won't be "simply horrible". It could be as simple as "their chance of survival went from 10% to 25%"

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Arrow 33 replies Author Time Post
at140 Apr 2020 OP
mucifer Apr 2020 #1
jmbar2 Apr 2020 #2
at140 Apr 2020 #7
LiberalArkie Apr 2020 #3
TreadSoftly Apr 2020 #4
liberalla Apr 2020 #11
rampartc Apr 2020 #5
unblock Apr 2020 #6
at140 Apr 2020 #9
unblock Apr 2020 #12
at140 Apr 2020 #17
The Velveteen Ocelot Apr 2020 #26
at140 Apr 2020 #28
NoMoreRepugs Apr 2020 #8
LastLiberal in PalmSprings Apr 2020 #31
progree Apr 2020 #10
jmbar2 Apr 2020 #16
at140 Apr 2020 #18
progree Apr 2020 #22
Girard442 Apr 2020 #13
customerserviceguy Apr 2020 #14
FBaggins Apr 2020 #15
at140 Apr 2020 #20
LineLineLineNew Reply It had a serious market impact in mid Feb.
FBaggins Apr 2020 #24
at140 Apr 2020 #27
Warpy Apr 2020 #19
at140 Apr 2020 #21
Warpy Apr 2020 #25
at140 Apr 2020 #29
xyoungblood Apr 2020 #23
Mike Nelson Apr 2020 #30
getagrip_already Apr 2020 #32
progree Apr 2020 #33
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