This is a weird statement. It appears the IFR is going to be right around 1% in NYC. There are biases on that ~25% number, and on balance they probably weight it towards being a high number. But even if it's exactly right, the IFR is going to be....about 1% (0.25%/0.25) It's quite possible 0.25% of the existing cases will die based on current numbers.
People keep saying Sweden is doing well, but it doesn't look that great to me. I guess we'll see what happens this week in Sweden. If things are going well, they should see a reduction in case numbers week-over-week, this week. So far, there has been a steady upwards trend.
So, I find Tesla's stock price to be incredibly high in the face of this pandemic. I understand they are making & selling cars in China, which helps. But it sounds like the current prices are pricing in a May 4th reopening of the factory, with lots of chatter about that this morning? Does anyone think this is going to happen, and how would it happen? I could believe mid-May. Or, I could believe May 4th, with some sort of heavily tested "bubble" strategy assuming the state will sign off on it (but would have thought we would have heard something specific about that by now).
Just having a hard time wrapping my head around any sort of reality that involves reopening May 4th. I do think we have to put all of the measures in place and move forward cautiously, at some point...but May 4th seems a bit early. Things seem pretty hot still.
It's a really mysterious trend!
![Wink ;) ;)](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
I guess we'll see! I, too, hope that we see nice low numbers tomorrow, but I do not expect it. I do think it's somewhat likely we'll be down week over week though.
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