Whew!
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![alt text]( image url)
https://ourworldindata.org/grapher/daily-tests-per-thousand-people-smoothed-7-day
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If you can't trust economists to analyse pandemic data, who can you trust?
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"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.
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@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.
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"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.
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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