It seems18 Mar 2020 23:02
Chloroquine is proving effective, it works in treating the covid 19 virus. I have mentioned this before. SKorea have been using it and their death rate from the virus is below 1% , bear in mind that’s from known cases, so overall could well be lower. Chinese report chloroquine as working in trials during the Wuhan crisis, however, they were rushing it and didn’t do controlled studies due to the imminent needs of patients. France have carried out studies and say it has efficacy and can produce 300, 000 doses very quickly. Chloroquine in forms is cited in various peer reviewed papers and publications as having efficacy. Other drugs are also proving to work including an antibiotic that strangely ( yes I know bacterial blah blah) is proving to have anti viral properties with covid 19.
Also looks like we will soon have something that can detect antibodies and antigens so we can see who has had or has it very easily, first hing I ever learnt in management was to manage it you must be able to measure it ( mind you it was workstudy, industrial engineering) . Also talk of vaccine using genome editing etc perhaps before year end.
In one months time there could be some very bright light at the end of the tunnel. In the meantime severe isolation will have a profound effect on the numbers game.
Sentiment can change rapidly, those with cash right now will make a packet.
With regard to privatisation, if that takes place MM won’t get finance for his expansion ambition of mid tier producer , and may need some in any case, and upsetting local Spanish investors will be suicide, so I think not a goer.
So if we get through this patch could really be crackerjack to be a producer.
Now if the USA can get through this and get going good, they should able to following best practice currently being established and they have a tremendous ( little Trumpyism there) proven ability to turn to producing needed things when pushed ( as per WW2). They do have a hill at the moment though.
Overall this could turn up quite quickly. A cheap antibody detector, policy changes taking effect, treatments available etc could make the market look upwards imho.
Tomorrow I shall strum ‘Ring of Fire’.