While many may have not been negatively impacted by Covid, I think many under estimate how much impact conventions not happening much in the future will do to travel.
I think that the suggestion of invalidated insurance, or the first denial of coverage, would wake up a lot of people and encourage them to comply with health advise whilst the court cases were settled. The country only needs 3 months of people doing what the medics request for the ultimate medical bills to be reduced by 75%. I say go for it, insurance companies even if you think you will ultimately lose in the courts.
I’m just taking a guess from your posts that you aren’t talking about the US legal system.
I think it went all the way through and you fall all the way to Uranus now
Umm... have you heard what President Trump says? Lol
No. I don't live in the U.S. So I benefit from an advanced medical health coverage that is not "insurance" based. But, one of the supposed advantages that proponents of insurance based systems have argued is that if there are costs and penalties involved, behaviors can be changed. So if you've argued this for years as a core element of your health care system, call the cards in and say "willfully ignore the best health advice -- the advice we are giving you as we insure your health -- and we will regard you as willfully abrogating the conditions of your insurance". Free market principles -- nothing socialist here.
Start seeing increases or increases peak? I think nearly everybody is seeing increased hospitalizations now. Some areas are expecting to start rationing care in the next couple of weeks.
As I said...they started receiving liquid injection last fall...and got a huge dose to the total of about $7,000,000,000,000 in a 5 month period.
So bread and circuses for everyone!
Why? Housing crash...2007-2010. The fat cat class lost much of their liquid wealth (temporarily - of course)...they would never tolerate it again. You want to talk about “deep state”? This is the real version...”deep market”
Loses in the “free market” will never be tolerated again...until the ship crashes.
And what they did was make their gambling insured..can’t lose. This was a test of how much power can be insured no matter the variables. And they passed their own test and are operating behind Oz’s curtain now.
In what dimension does the “free market” allow near all businesses gain money whether they have operations/customers or not??
Here we are. I’m not saying it’s “rigged”...but it does waddle and quack.
This is kinda the shock doctrine theory on Ivy League steroids.
I’m so sorry this is happening to you. Get help.As I said...they started receiving liquid injection last fall...and got a huge dose to the total of about $7,000,000,000,000 in a 5 month period.
So bread and circuses for everyone!
Why? Housing crash...2007-2010. The fat cat class lost much of their liquid wealth (temporarily - of course)...they would never tolerate it again. You want to talk about “deep state”? This is the real version...”deep market”
Loses in the “free market” will never be tolerated again...until the ship crashes.
And what they did was make their gambling insured..can’t lose. This was a test of how much power can be insured no matter the variables. And they passed their own test and are operating behind Oz’s curtain now.
In what dimension does the “free market” allow near all businesses gain money whether they have operations/customers or not??
Here we are. I’m not saying it’s “rigged”...but it does waddle and quack.
This is kinda the shock doctrine theory on Ivy League steroids.
Was referring to a doctor talking about the thanksgiving numbers.. it was when they expected, December 15.
I said the current situation has little impact on long term prospects of large corporations. I never mentioned projects at WDW. A delay of those projects is a reduction in cash spend so in the eyes of Wall Street its not seen as a big negative. No impact on the stock price. I don’t think any analyst is looking at WDW‘s plans (or lack of plans) for the 50th and reduces the target of the stock price. I don’t disagree that it will take WDW a longer time to fully recover, but that isn’t moving the needle on the stock price too much because it’s not viewed as permanent. So it may be that you are perceiving some long term or permanent negative impact to Disney parks as a result of this pandemic, but the shareholders and analysts that follow the stock don’t seem to agree. The price suggests an expectation of a full recovery in the medium term.
markets.businessinsider.com
I was referring more to your statements about tort law, civil liability and the like. I can understand why Disney hasn't built a theme park in your country
That's not true at all.
The fact that Disney's stock is at an all time high does not mean that the stock price is not being effected by Covid19 and the parks losses. In fact I contend that if the Parks were open and Covid19 had never happened the stock would be between $175 and $180. The Walt Disney Company with the parks back operating at 100% along with the other Division should be s $300 stock in 2023. The profits from the parks are huge but the profits from Direct to Consumer and International is even bigger.I said the current situation has little impact on long term prospects of large corporations. I never mentioned projects at WDW. A delay of those projects is a reduction in cash spend so in the eyes of Wall Street its not seen as a big negative. No impact on the stock price. I don’t think any analyst is looking at WDW‘s plans (or lack of plans) for the 50th and reduces the target of the stock price. I don’t disagree that it will take WDW a longer time to fully recover, but that isn’t moving the needle on the stock price too much because it’s not viewed as permanent. So it may be that you are perceiving some long term or permanent negative impact to Disney parks as a result of this pandemic, but the shareholders and analysts that follow the stock don’t seem to agree. The price suggests an expectation of a full recovery in the medium term.
Travel will take a while to get back up to speed. Travel stocks reflect that, but that isn’t enough to move the needle on the stock market. Remember that the Dow Jones Industrial Average which is the most quoted measure of the stock market is only made up of 30 leading blue chip stocks. None are in the travel industry exclusively. So while stocks like Boeing are still down big they are more than offset by gains on Home Depot and Walmart which are retailers that did better during the pandemic and tech stocks like Apple and Microsoft. Chevron is also down but that’s only loosely based on Covid as oil prices are down for other reasons as well. The point is that while travel and restaurants are down that’s not driving the stock market down, especially the Dow. The S&P 500 is more diverse so you start to see airline and hotel companies way down, but they are offset by lots of companies doing great. Lots of restaurants and even resort hotels that are suffering are small businesses that don’t impact the stock market as much. Not having conventions is a back breaker for many small businesses.
Here‘s a tool you can use to see the stocks in the DOW, S&P 500 and others of you are curious what’s up and what’s down:
Dow Jones Stock | Dow Jones Companies | Dow Jones Value | Markets Insider
Get a complete List of all Dow Jones stocks. The values of Dow Jones companies consists live prices and previous close price, as well as daily, 3-, 6- and 1-year performance, charts and many more information.
Its hard to say what would be happening without Covid. Disney has the streaming business which is booming now but with everyone home and movie theaters closed would streaming look as good without the pandemic? The parks segment is obviously really down right now, but the stock price is primarily based on future prospects. If analysts expect the parks to get back to profits as usual in a year or 2 then it shouldn’t harm the stock price unless you believe the company doesn’t have the balance sheet to make it through those 2 years. For TWDC they have plenty of cash and access to plenty more at very low cost.
I have $1900 in change sitting around because we can't take it in. Usually a big part of our vacation fund.
The stock price is based on the stream of future earnings but the market is looking at parks and resorts coming back to profitability but not at prior levels, which I agree with. It will take until 2023 for attendance to reach the 2019 levels but even that will not provide the same profits because it will be more regular tourist and loss businesses. However, Streaming in going to crush the numbers and provide profits in the billions every quarter. The only question is does it get applied to streaming or the studios. The key number to look at is the eliminations because that represents internal transfers. Any further discussions of the stock price should be on the business section.
