I think the information environment has people thinking we’re maybe 50% “through” coronavirus and I think my estimate is on the order of 3 to 5%.
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You can predict a lot of the shoes, too. Read headlines from elsewhere; apply locally. “$POLITICIAN hospitalized” a pretty salient one. You can imagine many, many more.
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How many shoes does a coronavirus wears?
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Rural impact greater in summer - USPS, rural hospitals going bankrupt and stopping service, CFR in hotspots extremely high Supply chain shocks during second wave due to worsening trade, esp with China Widespread worker strikes as sub $15 essential work not sustainable
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100% agree. Barely in early majority phase of the curve. Markets probably won’t bottom until Nov.
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