TPS

Good timing.... https://www.wsj.com/articles/bezos-other-corporate-executives-sold-shares-just-in-time-11585042204?mod=hp_lead_pos4

The shut down will be maybe 2 months. A rescue package done right would make sure that everyone is taken care of to a certain degree during that time period. The right way is to fund the majority of the wages for businesses as long as they retain their workers. Keep the workforce attached and ready for the recovery, which will hopefully be quick. This isn't like the 2008 crisis where many lost their jobs and houses, leading to much more stress, and the rescue package was insufficient as well. I don't disagree with your point about the discussion, but they are two very different situations when comparing the impact from the 2008 crisis to the corona-crisis.

As I said, I'm not confident it was the right moment. If I was confident it was the right moment, then I would've gone all in with my cash position.

Glad to see that since I decided to buy in again yesterday. However, I'm not confident we've seen a bottom, especially as NYC gets slammed over the next 7-10 days.

It is a fact, and it is driven by NYC metro area. As Cuomo said today, the federal government needs to provide thousands of respirators from its emergency stock (not 400) since it is the epicenter of the crisis. I'm sure the city will be bustling with work by next week though....

Unfortunately, Italy's numbers went the other way today. Not good.

Don't order any online though!

I think I read they made Shaq an offer similar to Miami’s, but less guaranteed money.

Aren’t you just as extreme in defending trump? Or do you think you are objective?

Some of the models I’ve seen start when the country had roughly its 100th case. I’m sure you played around with it. Good fits for sure. Other things I’ve seen are trying to predict the turning point by using dates when lockdowns happened, Using China’s data for example. Thanks for sharing.

And Erie still can't test adequately. Way behind. Cool stuff. What did you use for that. Excel? So the growth rates are found from e^#? Seems you can conclude the US is (so far) on the worst growth path trajectory, no?

I’m in Erie county. You can go outside, you can go pick up essentials, and many restaurants are offering takeout. I wouldn’t say it’s extreme in any sense. The restrictions on work are more extreme.

It's a race against the exponential growth in cases and the ability to increase the number of ICU units and respirators. Right now, the former is winning, so most likely the CFR will rise, but hopefully not to the levels seen in Italy or Spain.

Sarcasm for those who diss experts...

Based on those numbers provided, the change in cases starting from March 18th through 22nd (the numbers for 3/23 were not for full day) are: 4469 (3/19) 5534 6977 8536 (3/22) The number of new cases have not "remained about the same." Estimating the growth rate of total cases (starting on 3/12 to 3/22), it's about 35%, which means total cases are doubling every 2.3 days. Given the lack of testing in many places and NYC's influence on the numbers, I'm sure NYC is driving the aggregate data. It would be interesting to extract the NYC data from the US total and compare.

It's doubling every 2.5 days.

Yes, he's a so-called expert...

It's the wine...

In case anyone was interested in some economics, the Fed is throwing trillions of dollars into the financial system, stated it will buy as many T-bonds as necessary, intervening in new markets, propping up corporate debt markets, and probably keeping all the Wall Street banks solvent. The Fed has unlimited ammunition. On the fiscal side, we are talking a $2 trillion package. Where will they get all of that money as the economy is collapsing? A crisis exposes a lot of falsehoods about economics...

I'm sure that's what doctors in NYC hospitals are saying right now...

Yes, I’m sure they won’t funnel any into trump’s business either. And I agree, no one needs to know. Why should they know where public money goes? Stupid Dems.

Those numbers aren’t fixed. Give it another week.

It’s taking the place of his rallies.

Cases are down another 14% from previous day. 3/21 6557 3/22 5560 3/23 4789 This is why you take extreme measures of quarantining, to bring the rate of contagion down. This is good news @PaoloBillsFanFromItaly