JPMORGAN: “We believe we’ve seen a peak in new case growth in the US 3-4 days ago,.. deaths will peak in about a week, so we look for a limited reopening of the economy in 1-2 weeks. .. And we think we will be able to recover the losses in equities sometime next year” (Kolanovic)
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They think “peaked” means time for everyone to go back to work? Am I missing something? Or are they just that delusional?
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I think we're in for a wild ride with the stock market if people are actually thinking this
Thanks. Twitter will use this to make your timeline better. UndoUndo
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also it sounds like they are expecting the economy to start opening around the time of peak deaths?? How does that work?
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if there's one thing the last couple decades have taught us it's that JPMorgan are geniuses who are never wrong
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What's funny about that? If the peak in new infections occurred several day ago, then the peak in deaths will show up in the data 10-14 days later, because thats the general time period from infection to death. Infections show up 5 days post peak, and deaths 10-14.
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If the peak in new infections occurred several day ago If the peak in new infections occurred several day ago, If the peak in new infections occurred several day ago, If the peak in new infections occurred several day ago,
End of conversation
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