The Dead Cat Bounce? (EP.134)
Animal Spirits Podcast
The Compound
4.7 • 2.1K Ratings
🗓️ 1 April 2020
⏱️ 50 minutes
🧾️ Download transcript
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Transcript
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| 0:00.0 | Today's animal spirits is brought to you by our friends at YCharts. |
| 0:05.0 | WhyCharts has just added over the last couple of weeks the ability to track the |
| 0:10.8 | coronavirus cases. You can do it by country, you can do it by state, you can do it by city. |
| 0:17.0 | And for some people, they probably don't even want to see this stuff. I don't know about you, but I've been tracking this stuff as well as I can. I check this stuff all the time. I feel like that just, I'm the person who needs to constantly read and check up with this stuff. So I've been watching this and we put a chart together that shows China cases versus US cases and then we put New York and Michigan on here because unfortunately our two states are two of the worst that are being hit at the moment. It looks like New York has nearly 50% of the cases that we know about in the country now, I guess 40%. |
| 0:48.0 | Do you think it's possible you will not be going back into the city for the rest of 2020. Is that on your mind right now? I think |
| 0:54.7 | that's a really high possibility. I'm not there yet. That sounds bad. New York is bad right now. |
| 1:01.5 | Yeah. Maybe that means they come out of it first, but here's the other thing. |
| 1:05.0 | Based on this chart, the China one has obviously leveled off and they seem to be getting back to business. |
| 1:10.0 | How low are those reported numbers for what they actually were. |
| 1:12.5 | There's no way those numbers are correct. |
| 1:14.4 | Yeah, so there was a lot of this sort of chart |
| 1:17.8 | being passed around talking about what an epic failure, |
| 1:22.0 | I guess mostly on the part of the administration, and put that to the side for a second. |
| 1:27.0 | The real question is are these numbers even accurate? |
| 1:29.8 | And I would have to believe that they're probably way understated in China. |
| 1:34.4 | Not making this better at all, obviously. |
| 1:36.0 | No, yeah, that doesn't give us any free pass for what happened here, but the China stuff is |
| 1:40.8 | there's no way that's accurate and they've either been under |
| 1:42.8 | reporting or there was a couple months where this was going on and they didn't know about it in time or something |
| 1:46.6 | but that doesn't seem to make sense that we've passed them so anyway I like the fact that |
| 1:50.4 | why charts added this and the ability to add these new functions like this. |
| 1:54.0 | Go to why charts tell them animal spirits sent you and get 20% off your first subscription. |
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