Did you see the jobs/unemployment release today?
Release = 273k jobs added, 3.5% unemployment
Estimate= 175k, 3.6%
And the markets dropped despite of this.
I believe your post is correct.
Coronavirus mortality rate now 0.6%, not 3% as first told
- Thread starter Amun Ra
- Start date
Did you see the jobs/unemployment release today?
Release = 273k jobs added, 3.5% unemployment
Estimate= 175k, 3.6%
And the markets dropped despite of this.
I believe your post is correct.
Your analysis is terribly flawed. First, as I pointed out before, it takes weeks for someone to be declared recovered -- long past the point where they no longer experience symptoms. Yet frail people will die relatively quickly within a few days. So the death rate looks worst near the beginning of the outbreak. Second, the documented cases are the tip of the iceberg. There are likely far more people infected especially in countries that do not test as aggressively as China and South Korea, but they recover on their own. Those recoveries are not counted. The best way to judge the seriousness of this virus is to look at the recovery rates for younger people which are very high:
"The death toll skews old even more strongly. Overall, China CDC found, 2.3% of confirmed cases died. But the fatality rate was 14.8% in people 80 or older, likely reflecting the presence of other diseases, a weaker immune system, or simply worse overall health. By contrast, the fatality rate was 1.3% in 50-somethings, 0.4% in 40-somethings, and 0.2% in people 10 to 39."
https://www.statnews.com/2020/03/03...n-of-coronavirus-risk-by-demographic-factors/
We're talking about a flu.
And how many people cheering for the beer virus are doing so because they are either short and want to profit on death and disease, will support anything that puts a Dem in the whitehouse, or simply missed one of the strongest bull markets during the last decade and want to get in at a lower price?
as I posted repeatedly.... there are no bulls and bears in the market.
it's the same force aka my boys driving this thing.
right now the goal is to shake and collect chips, so news don't matter... any news can be interpreted both ways.
the market either tank on bad news or shrug off bad news lol, what the f'ck does that even mean, shrug off lol.
it's all just one big f'cking game ladies and gentle boys.
them boys collecting chips for the april earning run, so them gonna stay down here and shake as much as they can.
This dude is right. The supply side is gonna get screwed in the US, even if nobody gets sick.
Anybody wants a carrier job?:
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Unfortunately too many people listened to you, thinking it is just a game:
Scene after locked down and stay at home order from our Governor.
I've seen the boys do the shake and collect often enough in the last year to believe it happens.
It is impossible to give an accurate mortality rate since not everybody is getting tested.
Many country's in Europe only test people who are at high risk of getting very ill or even dying or people who are needed in hospitals and stuff like that. If you call your doctor with symptoms you need to stay at home in quarantine for at least 7 days but you don't get tested so you are not added to the number of infected people either.
You can be pretty damn sure the number of infected people is at least times 10, which means the mortality rate is drastically lower than what those numbers suggest.