Whew!

[jon-nyc]

Kudlow today:

There is no second wave coming. It’s just hot spots. They send in CDC teams, we’ve got the testing procedures, we’ve got the diagnostics, we’ve got the PPE. And so I really think it’s a pretty good situation.

[LuFins Dad]

Then there was no such thing as a first wave... Just one big hotspot.

[jon-nyc]

Six months into this and they still think they can get by managing optics.

[Doctor Phibes]

This is the same guy last February

https://www.cnbc.com/2020/02/25/larry-kudlow-says-us-has-contained-the-coronavirus-and-the-economy-is-holding-up-nicely.html

Fool me once....

[jon-nyc]

"I really think it's a pretty good situation."

• Larry Kudlow, July 6th, 2020.

[Axtremus]

@jon-nyc said in Whew!:

"I really think it's a pretty good situation."

• Larry Kudlow, July 6th, 2020.

If nothing else, the stock market agreed with him, at least for today.

[Copper]


https://ourworldindata.org/grapher/daily-tests-per-thousand-people-smoothed-7-day

[jon-nyc]

If this were simply an artifact of increased testing we wouldn't see the positive test rate growing in step with the case count.

[Doctor Phibes]

If you can't trust economists to analyse pandemic data, who can you trust?

[Horace]

@Axtremus said in Whew!:

@jon-nyc said in Whew!:

"I really think it's a pretty good situation."

• Larry Kudlow, July 6th, 2020.

If nothing else, the stock market agreed with him, at least for today.

With bonds yielding nothing, there is nowhere else for money to go. The stock market is only a good buy now because it's gotten comparatively more attractive.

[Mik]

@Doctor-Phibes said in Whew!:

If you can't trust economists to analyse pandemic data, who can you trust?

Anybody but economists. Wiccans. Democrats. Moonies. Whatever.

[Loki]

@Horace said in Whew!:

@Axtremus said in Whew!:

@jon-nyc said in Whew!:

"I really think it's a pretty good situation."

• Larry Kudlow, July 6th, 2020.

If nothing else, the stock market agreed with him, at least for today.

With bonds yielding nothing, there is nowhere else for money to go. The stock market is only a good buy now because it's gotten comparatively more attractive.

It’s a great point. So much cash too.

Both sides are playing a game of chicken with the analysis of Covid, one a scare monger and the other an unrepentant denier. Trouble is the scare monger could lose the game and still win the election. Bad move by the Trumpsters not to hedge unless they know it’s their only shot.

[LuFins Dad]

According to Fauci, we’re still in the first wave... https://www.nytimes.com/video/us/100000007226421/fauci-warned-we-are-still-knee-deep.html

[jon-nyc]

I have sympathy for that view since the effective R never really got below 1.

But in most of the country we’re clearly in the second wave of reacting to it.

But really I don’t know how useful it is to fight over who gets to define ‘wave’.