What a chart! Look at all the numbers...
"Flattening the curve" - this is what medical professionals are working on. Limiting public exposure will do this in a few weeks. The next two-three weeks will be very uncertain for the general population fixated on mainsteam media. Look at facts. This chart is very bad in what's going to happen next. But as of yesterday March 25, there was only 942 deaths in the entire US. The regular flu takes 30-60K US citizens A YEAR. Never nice to have deaths but look at the numbers without the "panic bias".
Get as many data points as you can to guide your trading, COVID is deadlier to the financial markets than to humans. A 1-3% mortality rate virus should not be called a Pandemic. What is a 50%+ mortality rate "Pandemic" called then? SuperPandemic? MortalPandemic. Anything less than 5% MR should have a "Mini-Pandemic" monicker. Still deadly but not "you WILL DIE" if you get it.
As well, Nearly 1.25 million people die in road crashes each year, on average 3,287 deaths a day. Just under 1000 deaths total in the US up to today? As the market priced the deaths in? Yes. Now, people are looking past the fear and looking at the real numbers.
Get as many data points as you can to guide your trading, COVID is deadlier to the financial markets than to humans. A 1-3% mortality rate virus should not be called a Pandemic. What is a 50%+ mortality rate "Pandemic" called then? SuperPandemic? MortalPandemic. Anything less than 5% MR should have a "Mini-Pandemic" monicker. Still deadly but not "you WILL DIE" if you get it.
As well, Nearly 1.25 million people die in road crashes each year, on average 3,287 deaths a day. Just under 1000 deaths total in the US up to today? As the market priced the deaths in? Yes. Now, people are looking past the fear and looking at the real numbers.