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RyanDe680

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Everything posted by RyanDe680

  1. Yea but that is exactly my point - we only know about those that have sought medical care in order to get tested. The testing saga is a whole other discussion, but my point was that 0.2% of the population has sought to get tested because the symptoms may have been bad enough, not counting the (guessing) millions of those walking around not knowing that they have it or are carrying it.
  2. While understanding the severity of the illness, one also has to look at the statistics. In the US at least, with 695k confirmed cases, that represents approximately 0.21% of the population. That is at least cases where people felt compelled to seek some type of medical attention. In consideration, I think that the way that we were 'going about' our lives is what will change as a result of this, at least for now. We can prove that this shut down can help to stem the evolution of this, however I think that it's how we act with the 're-opening' of things that determines where we go from here.
  3. This is such a hot (mess) of a topic on social media that I just stay out of. Bottom line, I manage money for a living and the economic data that is going to come through over the next 3-6 month is going to be UGLY. I don't care what type of recovery (V, U, W, whatever) we go through, but the market will begin to reflect this much much earlier than the data suggests. Unemployment claims will slow and the Government will need to extend these extra payments out to help people. We as a society will act in certain ways just like we did after 9/11 and the subsequent years to follow. Remember though too that a vaccine won't be the perfect end-all, because we have a flu vaccine available now that is controversial as well. The hope should be that we find some type of remedy that eases the symptoms and stops the progression to prevent more serious illnesses. Progress seems to be gaining ground there...
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