2020-02-17

Rest of World Seeing Rise in Coronavirus Cases

China's numbers suggest it has a handle on the virus. Case growth has fallen into the single-digits and stayed there. Whether that's true or not will be clear in another week. I'm skeptical of the assumption that China is lying about the total number of cases and the growth. It's very likely they're under counting the total number of infected because it's impossible to accurately count potentially millions of infections. The case numbers can only be modeled. However, as long as case growth is under control, they can begin restarting normal work schedules. Getting the latter wrong will be a grave mistake because infecting a workplace restarts the 14-day quarantine. They risk shutting down the economy for half of March and more likely all of March because the public will lose confidence if there are setbacks.

Meanwhile, there are few controls in the rest of the world and case growth has re-accelerated into the double-digits. Cases will double every 6 to 8 days at current rates.

No comments:

Post a Comment