can someone explain what this means for the general economy? my understanding is that the spread widening is compared against the US treasury bill, and these junk bonds' prices are going down.
as the junk bond prices decreases and the demand for yield increases, this increases the cost of borrowing and can potentially create a ripple effect of defaults.
Most supplements are garbage. Since they don't actually work, most people would never know if you replaced their magnesium or calcium supplement with chalk. Some supplements do work, but since they're not regulated, they're drowned out by nonsense and noise. OK, so you don't want to be a rube?...you do your research and then piece of shit fitness influencers tell you "ohh...that vitamin you bought form Walgreens or Costco didn't work?...of course not, you need to buy mine...it's CHELATED!!!!! thus is more BIOAVAILBLE...or some other random scientific work which is either incorrectly used or outright fraudulent.
Half of my family spends a huge fortune on supplements, most of which are placebos. If you're young, you may not understand, but for us over 40, life starts to suck, physically. When you're young, your body is very fault-tolerant...have 6 beers and a cheeseburger for supper every day for a week?...nothing a few tums can't fix. Now that I'm over 40, I do everything right (daily exercise, eat healthy, get sleep, etc) and still feel like shit most of the day....same with most my age...thus we're desperate for anything that will make us feel better and not have any side effects that make things worse.
Supplements are the dream and an age-old scam. Maybe punishing big retailers who tolerate fraud will not only reduce false claims, but make the public more aware that so called health experts online are ignorant, scammers, or both.
personal experience..in one of the school systems i went to (grade K-12), i had to pay $2.50 for lunch because my parents had a certain income. $2.5 was still a lot to me, so i rather not eat and felt really bad for using my parent's income. i think about it from ($2.5 * 5 days a week) for a whole school year.
most of my friends didn't have to pay as their parents didn't meet the income threshold. they just have to show a certain ID for school lunch and get a pass.
i remember, i did have some sort of resentment...and the smell of food that my friends ate during lunch even made me more hungry!
Does anyone have insights/thoughts as to the implications of this variant growing as fast as it subsides? Does that mean a new variant will emerge which will be more/less infectious or more/less deadly?
Could someone please expand on the current outrage?
Article did say "The 11-member committee voted nearly unanimously in November that Biogen's drug should not be approved, citing inconclusive evidence that the drug was effective.", but was wondering why the some would think otherwise for the approval.
A lot of my peers are in a certain age that should be dating. But it's been 1 year now, and there are paranoia and concerns about safety. It's really tiring. Missing out on 2 years of developing a healthy social relationship with other people -- it really is a lost of time in a prime age.
Bloomberg: You seem optimistic researchers will succeed in coming up with vaccines. How do you assess the prospects and potential risks?
Stohr: The coronavirus is not a particularly difficult virus to handle. Even the conventional vaccines could make a difference, and we have different approaches, vector vaccines, mRNA. That is very promising.
You change partners, but that usually means it's the same partner working in the same group and so all know each other really well. Also, that doesn't mean anything since the team can stay the same. Partners would question the work and can look at it, but rarely any partner would bother to go into the bank statement and make sure the work is tied out. They are too "above" that. That responsibility falls onto the senior and managers, and in many instances incompetence or laziness from those staff will let things go through. It's very tedious work, and it's annoying to do the same thing for 8+ hours a day for a month or two. In the end, the team just want things to tie out, and make whatever documentation is necessary to make sense of things. No need to upset the client or partner and lose the potential business.
Can someone enlightenment why opening your windows or just general walking in the public, observing social distancing, is safe from lingering viruses in the air?
Wouldn't we just breathe those virus in the air if we kept our windows opened or walking by a person who was infected?
I want to point out that a lot of these valuations are signed off by well-known accounting firms, valuation firms, and consulting firms. If it's really one big conspiracy to prop up valuations via recent financing, loans, or market comparables, then wouldn't one of these parties call it out (well, inherently a lot of these are paid by organizations to do their valuations, so true independence is a question here).
Additionally, corporate management theoretically exercise due diligence, along with the valuation committees and the board looking into the reasonableness of the models and associated inputs and outputs. It would be awkward to say that these valuations are wrong with so many people having their inputs.