An important ratio
For obvious reasons, it’s a positive that the rate of deaths has not kept pace with the rate of new cases. You can chalk this up to more effective treatments, a younger population of newly infected people and the more persistent rate of testing catching the cases that are only mildly symptomatic versus only very ill people being tested before. My chart o’ the day comes to us from Ethan Harris’s economics...
source https://thereformedbroker.com/2020/07/15/an-important-ratio/
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source https://thereformedbroker.com/2020/07/15/an-important-ratio/
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