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US Economic Outlook & Implications of Current Policies for Inflation, Gold and Bitcoin (15th in our COVID-19 Series)

From resources.goldman.com

{charts} While the number of new daily infections and fatalities continues to remain high in the United States, the outbreak has been decelerating. • The US Centers for Disease Control and Prevention (CDC) recently estimated that the case fatality ratio among symptomatic patients in the US – which CDC notes constitute 65% of known cases – is 0.4% (0.2–1.0%). {charts} All US states have started lifting to varying degrees some of their restrictions on economic and social activities. • While there has been an uptick in infections in some of the states that have re-opened, this increase has also coincided with enhanced ... (full story)

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  • Category: Fundamental Analysis