(07-15-2020, 11:54 AM)BostonCard Wrote: US: 7-day rolling average: ~64,000 cases, 750 deaths (194 cases, 2.3 deaths per million population)Bet on countries?
Switzerland: 7-day rolling average 93 cases, 0 deaths (9 cases, 0 deaths per million population)
If you wanted to bet on the economies of the respective countries, which would you feel better about?
BC
Can I take South Korea, Germany, Norway & China???
They were in relatively strong economic positions before the pandemic and have taken the tough and/or prudent steps to stop the spread in their countries.
All four are a vulnerable to a second wave which is why I am confident all four will keep severe restrictions on travel, commerce and other economic activities with the global COVID19 losers...Brazil, Mexico and the USA. Those types of restrictions will push the current COVID19 losers into a really bad place for the next 9-24 months.
The USA has a great history of rebounding, so the economic rebound could happen despite sitting in the COVID19 losers' bracket.
I'd bet on COVID19 crushing most global economies for the next 6-18 months, but if there are short-term winners it will be places that have already found a stable new normal by making a strong commitment to battle the cause of their economic challenges...COVID19.

