Comments
Transcript
-
HKThanks for pointing out the excellent Howard Marks memo. Unfortunately his conclusion seems to be that he has no clue what will happen and that he is focused on making investments whose outcome are not impacted by the macro. If he is not able to figure out a macro investment thesis what hope for the rest of us.... As much as I enjoy your RVDBs I must urge you to stop praising the approach of Sweden; as this is not supported by the facts. Their death rate per capita is a disaster compared to their neighbouring countries which are the only ones that make sense to compare with (e.g. 5x Denmark, 10x Norway). Given Sweden's favourable conditions to Covid vs other European countries in terms of socio-economics, demography and pop density; their outcome is a disgrace. And to say that Sweden has "done really well since April" is simply not true. Since June they have the third highest death rate per capita in the developed world (only behind Israel and the US) and 10x worse than Denmark, 20x Norway. Meanwhile the Swedish economy has not meaningfully outperformed their neighbours so there really is no justification for their approach from the available data at this point. And their case rates are rising rapidly again like everyone else.....so much for heard immunity..... This article provides a much more fact and evidence based review of the Swedish approach. Please read it before continuing to pursue this narrative: https://time.com/5899432/sweden-coronovirus-disaster/
-
SNSingapore economy is now open total death count of 5.5 million people is 26. Masks are used by all and the elderly population has been protected well. Sweden has 5000 deaths. Sweden is not densely populated and have had tragic numbers in their care homes. The economy may have done well but they have paid a high price. It’s about how much you can take I guess. The medical management is much better now so death percentages should and is coming down.
-
JKEd I think there’s many other countries you could of pointed to for a model on how to beat corona and have growth. Singapore, South Korea, Norway, Denmark, New Zealand are alll great examples of countries who beat corona and no longer have to live in fear. Perhaps New Zealand isn’t the best for growth but Norway and Denmark have been fine. My friends over there appear to be living normal lives without any real problems.
-
FFPlease take your mic off of the camera view....
-
SPWhere will we find these curated videos, a separate tab, in The Exchanged, noted on video....?
-
JvWhat keeps these two gentlemen and basically every other guest on this platform from comparing the west with the east? Let's compare Swedish infection- and death rates and economical performance with Taiwan, S Korea, Vietnam etc. Taiwan's official in charge of the covid response, asked in march or april 'which western nations have reached out to learn from you?' Answer: 'None'.
-
FASo Interesting, I’m pretty sure that Howard Marks actually specifically talks about the ‘race to the bottom’ in his book, Mastering Market Cycles.
-
TRThe "EDITORS' PICKS" curated list is a nice development
-
MNWhere is the curated list of videos mentioned at the end of today's daily briefing?
-
MSIf investors want a Swedish based stock with strong growth potential then look at Ericsson. They are a leading 5G supplier and with Apple last week embracing 5G for their latest range of phones and Huawei equipment off the table Ericsson will be a global beneficiary of this growth trend.
-
GFPersonally, I am really grateful to the Swedish decision-makers who decided to take a different route. I wish 50-100 other countries had likewise tried different means of dealing with Covid-19. Why? Because despite all the blowhards puffing about what we needed to do, and changing their tunes in nearly every news cycle, different approaches would give us much better data as to what really works best to control the virus while balancing all other needs. Some good data has been gleaned, but we would know a lot more if different places had tried more different things. Sadly, almost everyone kow-towed to the WHO and other know-it-alls, who in retrospect were just guessing, or worse.
-
PSBeds data - reporting the position as at 08:00 on 01 October 2020 Mechanical Ventilation beds Beds occupied Beds occupied by confirmed COVID-19 patients England 2,702 285 East of England 221 12 London 744 49 Midlands 409 56 North East and Yorkshire 430 69 North West 387 89 South East 304 8 South West 207 2 Total beds Beds occupied Beds occupied by confirmed COVID-19 patients England 113,575 2,069 East of England 11,029 79 London 17,451 275 Midlands 24,596 391 North East and Yorkshire 17,027 502 North West 16,716 688 South East 15,862 98 South West 10,894 36
-
SGLook at the trade deficit. That explains the disparity of domestic production vs. consumption
-
WLGotta love the Nicknames flowing from Ed -- Maybe we'll see Jack "Hollywood" Farley and Rodger "Bjorn" Hirst host the same episode. But first, I'd like to see some of the rules behind the Credit Writedowns drinking game to toast to Ed "self-quotin'" Harrison ;)
-
PPWarren Buffet has continued to to shit the bed over and over again. He has made some huge bets that have kicked his ass. He loved Wells Fargo as they were stealing from their customers. Now he's moving on... wonder what he likes about BAC? IMO some investors and politicians who are old, and in the news, need to go away.
-
MAAbout content presentation... Could you rank videos based off user likes? Fan favorites of the week/month/all time etc...
-
JSI totally disagree Edd. When the Winter will come Sweden if they have no herd immunity what I doubt it will be catastrophic for them. Cold temperatures and the lack of vitamin D sun is what makes the virus more severe.
-
PSJust saying, here's the data not an opinion
-
PS"nearly 250,000 men were lost in 2 months of 1944 after the D-Day landings" that was a war
-
ssI don't know what strategy might be better to safeguard ourselves from Covid and still be able to have economic development. I also don't know if the Sweden model will eventually work, but being in lockdown is really quite terrible. Domestic violence, suicides, depression and other stress/anxiety related disorders are one the rise because of isolation, uncertainty and lack of control. And I don't think any "model" is taking this into consideration. The second wave will also induce more fear and panic, how that impacts our immune systems is also quite worrying.
-
pkWe can’t use Sweden! They have a free available public healthcare system for all, ease of testing and seeking treatment. We don’t, I’m seeing higher minorities and undocumented workers here spiking again in WA state.
-
APYou mentioned content presentation. I may be unusual, but I watch all your content. Please restore the slider presenting all your content in chronological order. That is convenient, and it allows me to watch what I have not yet seen with no intervention between episodes.
-
PSSweden; Population 10,117,619 Total cases 103,200 Deaths 5,918 Norway, Population 5,433,567 Total cases 16,272 Deaths 278 "Norway's prime minister has warned that the gradual re-opening of Norwegian society must now stop" "As of 28 September, face masks are now mandated for everyone using public transport in and around Oslo at times when a one metre distance cannot be maintained. That's part of a new clampdown in and around Oslo that will impact up to 1.3 million people"
-
DTSweden's recovery is a myth.
-
JJPriming loans are not new. Traditional DIP financing is by definition a "priming" loan because it jumps ahead of existing creditors. These new "priming" deals are priming loans outside of the bankruptcy process (for now anyway). Lenders in search of yield have agreed to more and more "covenant lite" loans in recent years, and in Raoul's impending "insolvency phase," many of them are going to learn the consequences of agreeing to forgo those protections.