Friday, January 22, 2021

Covid cases rolling over

 

Good sign here... and that this is happening in middle of winter.... maybe mRNA vax on top of antibodies finally disrupting transmission...  I’m assuming this is opposite of what is happening in Europe...





12 comments:

Ryan Harris said...

Turned down PCR cycles/sensitivity and vaccines lowering death. This is what real political leadership looks like. Fauci just needed new leadership so he could do what the science dictates.

Peter Pan said...

Whoever dies "with" Covid shall not be counted. Biden magic.

Ryan Harris said...

Hey Matt, I'm not on twitter anymore but good run down on JPM capital here
https://plus.credit-suisse.com/rpc4/ravDocView?docid=V7ptJr2AN-VHSK…

Matt Franko said...

Pretty punitive Ryan, stock has been dead munnie for a year... unless you bought the dip...

Even broadly XLF just back to levels already reached a year ago... whole year wasted...

Have to see how Dems are amenable to some sort of permanent regulatory modification by March 31 but is pretty arcane matter and I'd be surprised if the Art degree moron people there dont just default to figurative language mode and look at it as some sort of gift to the "banksters!" and blow it off....

Have to keep an eye on it..

Matt Franko said...

JPM high 141.10 on 12/30/19 ... just other day went to 142.75 so you made less than $2 in a year... now back down to 132 this morning...

They might be screwed... hope they donated a bunch of munnie to the right people...

lastgreek said...

"...the Art degree moron people..."

Yet, Matt, you voted twice for a moron who couldn't have cared less for the science. And not just any moron -- a moron who not only pushed an unproven drug (hydroxi-whatever) that proved to be both useless and dangerous, but also pushed for the injection of bleach and the shoving of uvc lightbulbs up human orifices.

So, yeah, Matt -- tell us more about the "art degree moron people"...

Matt Franko said...

I go to concerts and movies too so what?

But “negotiation” is dialogic not scientific... you’re right...

Matt Franko said...

“Matt, you voted twice for a moron who couldn't have cared less for the science.”

I believe trump has the Science degree not most others there.. I think he has same degree as Mike from Penn...

Just today I heard Fauci say “we should just listen to the science “

Complete anthropomorphism from that Art degree person..,

lastgreek said...

Who is Mike from Penn?

lastgreek said...

This is good news for you guys;

“Biden Picks Former F.D.A. Chief to Lead Federal Vaccine Efforts”

Matt Franko said...

Mike Norman... he did his undergrad at Penn just like trump... Bachelor of Science there... vs Bachelor of Art at most non land grant us universities... hence things are all f-ed up...

Matt Franko said...

Ryan that guy at credit suisse implies the bank is going to have to reduce non risk reserves/Treasuries and deposit liabilities if they violate the ratio...

I’d like to know how he thinks they can do that if Fed is increasing Reserves by 120b per month and Treasury is reducing the TGA by 200b per month.., that would increase reserves by 320b per month..l

He also doesn’t address the possibility that the banks would reduce the price and or quantity of risk assets in response... which I think is the likely result... we’ll get another big price reduction in risk...

His name sounds like a pen name but they have his phone number there maybe I’ll try to give him a call next week...