President tests positive for COVID19

[rennigade]

Looks like the president has covid. The market is responding. Probably going to be a rocky week for stocks due to uncertainty.

[bjl584]

This will throw the election into a bit of chaos.
Probably no more debates (might be a good thing)
I'd imagine Biden will need tested now.
They were just debating in a room together the other day

[rennigade]

Probably no more debates (might be a good thing)

I was sort of looking forward to the town hall style debate, where audience members could ask questions. The first debate was bad to say the least.

[disneysteve]

The debates could be held virtually. No reason they need to physically be in the room.

[rennigade]

The debates could be held virtually. No reason they need to physically be in the room.

It just wouldn't be the same. Not to mention, both would be reading a lot of things off teleprompters so it wouldn't even be their thoughts. There's only so many hot topic questions that can be asked. They'd have all the answers in front of them to read.

[Like2Plan]

The debates could be held virtually. No reason they need to physically be in the room.

On one hand, I think it would be an improvement from the previous debate format. They could cut the mike of the individual until it was his turn to speak.

[Like2Plan]

Looks like the president has covid. The market is responding. Probably going to be a rocky week for stocks due to uncertainty.

I guess this is the cynic in me, but-I wonder if he actually tested positive or this is a ruse because I've read he is a germophobe and this would give him plausibility for keeping away from the public.
If it is true, I wish him a speedy recovery (and hopefully he doesn't infect any more people on his staff than he might already of done).

[disneysteve]

It just wouldn't be the same. Not to mention, both would be reading a lot of things off teleprompters so it wouldn't even be their thoughts. There's only so many hot topic questions that can be asked. They'd have all the answers in front of them to read.

The next debate is a town hall with the candidates answering questions from the audience so they couldn't have their answers prepared in advance necessarily.

[james.hendrickson]

Its real.



Evidently the dow is down 400 points on the news (here). Pence may need to assume some of the duties of the Office of President.

[disneysteve]

Its real.

Evidently the dow is down 400 points on the news (here). Pence may need to assume some of the duties of the Office of President.

I think speculating about the president being incapacitated is premature.

I know the stock market hates uncertainty, but realistically, why does it matter to Wall Street that he has COVID? Wall Street is betting heavily on a Biden win so shouldn't this be a positive for the market? Is the concern that other government officials may also be infected?

[james.hendrickson]

I think speculating about the president being incapacitated is premature.

I know the stock market hates uncertainty, but realistically, why does it matter to Wall Street that he has COVID? Wall Street is betting heavily on a Biden win so shouldn't this be a positive for the market? Is the concern that other government officials may also be infected?

Well, the stock market is a jittery creature, for sure. But, the media is saying the Trump's infection is raising concerns about a second wave. Airlines and cruise ship stocks are all getting hit harder than tech.

[disneysteve]

the media is saying the Trump's infection is raising concerns about a second wave.

So the 200,000+ Americans dead and 1,000,000+ dead worldwide wasn't enough of a concern but an elderly obese guy who refused to wear a mask or socially distance catching it suddenly makes them concerned?

[rennigade]

The next debate is a town hall with the candidates answering questions from the audience so they couldn't have their answers prepared in advance necessarily.

That's what I'm saying. There are only so many questions that will be asked. Johnny nobody isn't going to ask tough questions or anything out of the ordinary. They're going to ask simple hot topic questions. Anything about covid, answers would already be written and could be displayed within seconds. They'll ask about the economy, rioting, healthcare, student loans, etc etc.

[rennigade]

So the 200,000+ Americans dead and 1,000,000+ dead worldwide wasn't enough of a concern but an elderly obese guy who refused to wear a mask or socially distance catching it suddenly makes them concerned?

I basically said this to my wife earlier...this will only help trump if he recovers. Like you said, he's insanely high risk, terrible health and old. If he makes it through it, he's going to say that covid was a joke, etc etc. This will only help him.

Now, if he doesn't make it...biden wins in a landslide.

[Singuy]

1. There's a 94% chance Trump gets through this if he was a nobody. I'm sure he is already getting remdesivir and plasma even with mild symptoms.

2. The market will do market things, but our institution has plenty of talent who can take Trump's place. In fact this country practically runs itself as we have seen someone who went through 4 years without saying much of substance besides everyone thinks he is doing a good job and that he has done more than any president. I had no idea so many leaders and diplomats around the world are "very good people" and that he is good friends with all of them.