Bloomberg (January 19)
“Chinese stocks just capped another dismal week…. Grim milestones have kept piling up in recent days: Tokyo has overtaken Shanghai as Asia’s biggest equity market, while India’s valuation premium over China has hit a record. Locally, a meltdown in Chinese shares is wreaking havoc on the nation’s asset management industry, pushing mutual fund closures to a five-year high.”
Tags: Asset management, China, Closures, Dismal, Equity market, Grim, Havoc, India, Meltdown, Milestones, Mutual fund, Premium, Record, Shanghai, Shares, Stocks, Tokyo, Valuation
Wall Street Journal (July 15)
“China became the largest auto exporter in the world in the first quarter, yet the economy is ailing by many measures.” Its “economy might look good on paper, but it feels like a recession” and “many say conditions in world’s No. 2 economy are grim.”
Tags: Ailing, Auto exporter, China, Conditions, Economy, Grim, Q1, Recession, World
Economic Times (January 23)
Big Tech’s “planned rightsizing is… unlikely to make up for the deep correction in 2022 of technology companies’ stock prices. Earnings estimates for the last quarter of 2022 are grim and Big Tech may have to go in for more job cuts to keep market capitalisation aloft. This could be a theme for the industry in 2023.”
Tags: 2022, 2023, Big tech, Deep correction, Earnings, Estimates, Grim, Job cuts, Market-cap, Rightsizing, Stock prices, Technology, Unlikely
Market Watch (September 16)
“The U.S. passed another grim milestone in the coronavirus pandemic on Thursday, when the number of fatalities from COVID-19 passed 666,000, meaning that about 1 in every 500 people living in America has died of the illness.” And with just under 2,000 deaths from COVID a day, “the U.S. is suffering more deaths every two days than in the terrorist attacks of Sept 11, 2001.”
Tags: Coronavirus, COVID-19, Deaths, Fatalities, Grim, Milestone, Pandemic, Sept. 11, Terrorist attacks, U.S.
Los Angeles Times (April 12)
“The COVID-19 death toll in California has surpassed 60,000, an alarming statistic that comes even as conditions in the state continue to improve.” Though grim, California’s per capita death toll is lower “than that of the other most populous states” and there is cause for hope. Deaths are now down to 104 – 120 per day and the state will open vaccinations up to everyone 16 or older from April 14.
Tags: Alarming, California, COVID-19, Deaths, Grim, Hope, Populous, Statistic, Vaccinations
New York Times (February 8)
“Grim as things sound, there is great reason to hope right now. More vaccines are coming, and case counts and death counts are finally leveling off.” There is, however, also reason for great haste. “The nation remains locked in a desperate contest, between its own ability to vaccinate people as quickly as possible and the virus’s ability to mutate and spread ever faster. Right now, the virus still has the lead.”
MarketWatch (January 13)
“The U.S. set another grim milestone in the coronavirus pandemic on Tuesday, when more than 4,400 COVID-19 patients died, the most in a single day since the start of the outbreak, and experts said that with cases continuing to accelerate, the worst is still to come.” Simply put, the “vaccine program must speed up to avoid reaching 640,000 deaths by spring, equal to lives lost in the 1918 flu pandemic.”
San Francisco Chronicle (January 5)
Californians were told “to brace for a ‘surge on top of a surge’ of post-holiday coronavirus cases, and on Monday that grim prediction appeared to take shape: California reported more than 70,000 cases, the most in any one day since the pandemic began.”
Tags: 70000 cases, California, Coronavirus, Grim, Pandemic, Post-holiday, Surge
Washington Post (January 3)
“Despite the president’s denials, the nation’s death toll surpassed a grim milestone Sunday of more than 350,000…. The nation topped or neared 200,000 reported cases for the sixth straight day Sunday. More than 125,000 people are battling covid-19, the disease caused by the virus, in hospitals across the country.”
Boston Globe (December 8)
“Coronavirus cases are reaching record highs. Hospitals are overflowing in several parts of the country…. But as the final weeks of 2020 begin to mirror the grim, early weeks of the pandemic, the shelter-in-place orders and strict industry regulations that helped flatten the curve in the spring are almost nowhere to be found. Instead, public officials are pursuing another approach to managing the virus’s spread: a plea for personal responsibility.”
Tags: Cases, Coronavirus, Curve, Flatten, Grim, Hospitals, Officials, Overflowing, Pandemic, Personal responsibility, Plea, Record, Regulations, Shelter-in-place, Strict
