Archive for May 9th, 2020

So, why is the stock market doing so well?

May 9, 2020

WSJ says there are 5 reasons.
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This is an awkward post to write.

As much of the country is struggling to pay the rent and put food on the table, today I’m channeling a WSJ explanatory on why the stock market is doing as well as it is (down 9% from Feb. high, but up 30% from March low)

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Putting my legacy of Catholic guilt aside… The WSJ offers 5 reasons:

  1. Counting on a quick economic rebound
  2. Big tech stocks are doing well during the crisis
  3. Optimism high for corporate earnings in 2021
  4. Rear of missing the upside
  5. The Fed is printing money.

Here are some supporting details & tidbits…

(more…)

May 9: C-19 Key NATIONAL Data

May 9, 2020

1,697 Daily New Deaths Worldometer
> 7-day trend 1,834 
> 3-day trend 2,113

449 NY+NJ+CT 27% of US Total

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See: How will we know when we’ve turned the COVID-19 corner?

Cumulative Deaths 
78,615
Worldometer
38,445  NY+NJ+CT 49% of US Total

IHME Model Cumulative US Death Projection:
134,475 by Aug. 4  Rev. UP 62,492 on 5/5
>> Projection roughly DOUBLED <<

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click to see Daily STATES Data and C-19 Data Reference Guide: ALL STATES
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Related Posts:

Flattening the COVID-19 curve

About that forecast of 60,000 coronavirus deaths

May 9: C-19 Key STATES Data

May 9, 2020

STATE DEATHS  Worldometer

  • NY+NJ+CT = 38,445  49% of US Total
       NY+NJ+CT = 10% U.S. Population
  • Top 12 Total = 64,028 82% of US Total
      Top 12 Average = 416 Deaths per Million
      Top 12 = 48% of U.S. Population
      Bottom 39 Average = 83 Deaths/Million
  • Maryland 1,560  +57

State-by-State Data – Top 12

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 C-19 Data Reference Guide: ALL STATES

Flattening the COVID-19 curve

How will we know when we’ve turned the COVID-19 corner?