The Virus, The Economy, And The Market


In a post last week (Maybe COVID-19 Won’t Be That Bad), I wrote that the impact of the virusin terms of deaths and strain on American hospitals looked like it might be less than what was feared. Developments over the last week have supported that view. The Institute for Health Metrics and Evaluation at the University of Washington further lowered its estimate of U.S. COVID-19 deaths from about 82,000 to about 62,000 by August.The VirusScreen capture via the Institute for Health Metrics and Evaluation.Q1 2020 hedge fund letters, conferences and moreScreen capture via the U.S. Coronavirus Tracke…

Read More