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Especially since the number of "confirmed" cases is extremely limited by the number of tests. The infected numbers will rise precipitously as testing rolls out
by leggomylibro 7y ago
Especially since the number of "confirmed" cases is extremely limited by the number of tests.
The infected numbers will rise precipitously as testing rolls out, and the apparent growth rate will freak people out and roil the market more.
By all means, please keep selling! Personally, I'm betting that the markets will recover pretty quickly after things actually start to improve, and I'll be surprised if this skittishness doesn't pay for the trip to Venice that I'm now planning to take in the Spring :D
It'll still be gamble, but I like these odds.
- XorNot 7y agoThe other way it'll show up in an absence of testing will be hospitals running out of beds. Which will be invisible in the media until it happens and doesn't let up (see Italy, which was doing okay up to a few weeks ago).
- leggomylibro 7y agoI think and hope that's less likely, but it would still be bad for the markets in the short term either way. I don't think that failing to test people in order to artificially reduce "the numbers" will keep the markets afloat for much longer.