MMXX: ANNUS HORRIBILIS
Updated: Apr 16
The spread of the COVID-19 virus is a human tragedy, and the Federal Reserve has buoyed investors, half measures and incompetence are decimating small and mid-sized businesses as well as their employees – in some cases from the virus and the economic impact of the shutdown.
AT THIS POINT A RECESSION IS A CERTAINLY, IT IS ONLY A MATTER OF HOW DEEP AND HOW LONG THE DOWNTURN WILL LAST AND WHAT THE WORLD WILL LOOK LIKE WHEN THE GLOBAL LOCKDOWN WINDS DOWN.
SADLY, OUR MODEL CURRENTLY FORECASTS~1MN CASES AND >4% cCFR IN THE U.S. BY THE END OF APRIL.