US seasonal flu fatality rate of 0.7% is based on US Center of Diseases Control and Prevention for the 2019 / 2020 season.

Scientist from Hong Kong estimated that 75,815 persons may have been infested since last Tuesday (28 January). This was based on the assumption that each infected person could have passed the virus to 2.68 others. Taking this to be true. The total number infected now would be north of 80,000. With known death of 305, the fatality rate would be 0.38%.

Ok, lets double the death to 710 to account for unknown unknown, the fatality rate is still only 0.76%. This would fall within the US seasonal flu fatality of 0.7%.

Yes, it appear that current reactions to this new coronavirus appear a bit over careful (an understatement on my part).

But because it is new and not much is known about it, the fear is gripping everyone, whether one is communist or democratic person.

So, there is opportunity to selectively pick up good counters that is or will be selling cheap.

Nothing to fear but fear itself - Franklin D. Roosevelt

Happy investing.

Interesting, thank you for sharing.

There is nothing to fear but fear itself (Franklin D. Roosevelt)