Virus Estimates Confuse Markets.

21 minutes

The nation continues to be buffeted by our leaders back and forth reaction to the Corona Virus. We saw all that on Thursday, when Governor Andrew Cuomo of New York, brought us all down by declaring that we are only seeing “The First Wave” of what is likely to be a multi-wave pandemic. At least implying that we're going to be dealing with the adverse effects of this Respiratory Virus for some time.

While at almost the same time, Dr. Anthony Fauchi, dramatically reduced his estimate of the total fatalities due to Corona Virus, to somewhere around 60,000 deaths this year. Or about the same number as the ordinary flu delivers in an average year.

It was obvious that the Markets focused on the Fauchi comment, as Thursday saw this rally continued to gain some momentum.

Markets are closed today, in honor of Good Friday.

More episodes from David Reavill

How you can listen to this podcast

You can listen to episodes right here on the website, or if you prefer, in a podcast app. Listening in an app makes it easier to keep track of what you’ve already heard, listen without using your data plan and many other conveniences.

Recommended apps
Start listening to The Economic Deniers.
Start listening to The Economic Deniers.