Quote:
Originally Posted by russellw
We had something of a spike in new cases yesterday with 58 and 2 more deaths which is bringing our crude mortality rate (CMR) very close to 1% (0.996%).
The USA continues to add about 30k new cases a day and >2k deaths and their CMR is now above 5% (5.234%).
It's no better in the UK with the number of new cases per day increasing daily and the CMR at 13.41%.
New Zealand only had 8 new cases but also two deaths so their CMR sits at 0.781%.
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While the number of cases continues to increase, the share market is ignoring the numbers. ASX up 1.31% at closing, DJI up 2.99% at closing. Market it factoring a reopening sooner than later.
US is going to open the country up, Australia is on it's 28 day countdown to re evaluate it's trade and social restrictions. Many countries in Europe relaxing it's restrictions and people are going back to work. Governments realise the economy needs to open up to generate revenue.
When we're over the WuFlu people should continue to wash their hands and not touch their face.