JP Morgan Study: Covid and the Economy
I'm not sure why JP Morgan is doing this study, but...
JP Morgan Study — Lockdown states are doing worse than ‘liberated’ states…
Quote:
Research from investment bank JP Morgan allegedly found coronavirus infection rates decreasing in states that have lifted their lockdown measures.
CNBC anchor Carl Quintanilla posted a lengthy thread to Twitter outlining the investment bank’s research, which counters many media and political figures who predicted dire consequences for those states when coronavirus lockdown measures began lifting.
https://dailycaller.com/2020/05/20/j...ded-lockdowns/
https://twitter.com/carlquintanilla/...70459450978314
Quote:
JPMorgan has a devastating piece arguing that infection rates have declined — not increased — in states where lockdowns have ended, “even after allowing for an appropriate measurement lag.” (Kolonavic)
Re: JP Morgan Study: Covid and the Economy
No matter how you look at it, it's over. Herd immunity is possible by summer. Markets have been looking ahead all this time while some just don't want to stop looking in the rear view mirror.
Quote:
Most of my friends in New York tend to view Floridians as idiots, at least when it comes to Covid-19. But what you hear from many Floridians — even liberal ones — is a kind of grudging respect. They're happy with the way things are in Florida.
https://www.bloomberg.com/opinion/ar...e-optimism-now
Charlie Munger in December:
Quote:
Vice Chairman Charlie Munger said he expects the Covid-19 pandemic to shrink to insignificance in about a year as the vaccines are widely distributed.
https://www.bloomberg.com/news/artic...n-about-a-year
