Federal Reserve’s “Severely Adverse Scenario” was mild compared to Coronarmageddon

The Federal Reserve requires banks to run stress tests that assume certain bad scenarios to make sure the banks can weather a market downturn. Their worst case scenario had GDP falling by 9.9% in Q2 2020 with unemployment jumping to 10% by Q3 2021. Based upon recent estimates from Goldman Sachs, GDP will likely fall […]

Visual charting of hospital capacity by state

This site shows projection models of COVID-19 hospitalizations and deaths, by US state as well as for the whole USA (no other countries). You can see where we are now, relative to where we are likely to be headed. You can see shortfalls of hospital beds, ICU beds, and # of ventilators needed. https://covid19.healthdata.org/projections It […]