Nobel Prize professor says U.S. turning the corner on coronavirus, so does stock market – IOTW Report

Nobel Prize professor says U.S. turning the corner on coronavirus, so does stock market

LifeZette: Have we reached a coronavirus peak? Are we close to the bottom of the president’s “V curve”? Is the Easter comeback a real possibility?

According to a Nobel Prize laureate and Tuesday’s stock market massive gain, that could be the case.

Biology Professor Michael Levitt of Stanford opines, “What we need is to control the panic…we’re going to be fine.” Levitt nailed the prediction that China would get through the most dire part of the pandemic by mid-February.

“Numbers are still noisy, but there are clear signs of slowed growth,” he said and further commented to the Los Angeles Times, “The real situation is not as nearly as terrible as they make it out to be.”

The Times noted, “His optimistic report on China said the country would peak with around 80,000 cases and 3,250 deaths. He was not far off: China has reported 81,588 cases with 3,281 deaths as of March 24.”

If this is true then President Trump, by planning for a quick economic recovery, is ahead of the curve on the issue. A robust turnaround in the spring would also foil Democrat plans to make this into a campaign issue in the fall and do all they can now to impede efforts against the coronavirus.

Levitt’s view is one of many and not set in stone. A survey of various sources on the coronavirus spans the spectrum from cautious optimism to”sky is falling” pessimism. What is disconcerting is that some of the worst pessimists seem to be taking a ghoulish delight in asserting their views. read more


3 Comments on Nobel Prize professor says U.S. turning the corner on coronavirus, so does stock market

  1. You can see their sick minds working and scheming. This worldwide panic is the kind of opportunity they only dream of and President Trump is the only thing in their way.
    Their leadership can’t seem to find any answers and even the press has exposed themselves to the extent it’s obvious to everyone what partisan hacks they are.
    I wouldn’t be surprised to see Nancy finally snap and have to be removed from the House under restraint, howling and barking, until she can be sedated.

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  2. Who are you gonna believe:
    A President who is consistently prescient and whose record is clearly stellar, or the Fake News, who constantly promote an anti-American agenda and have repeatedly been revealed as liars ??

    Fortunately, most Americans remain unhypnotized and support President Trump. The rest are the jerks who hoarded meats and toilet paper– may they bleed to death via hemorrhoids.

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