US Coronavirus Projections Underplayed?

Guys I’m fully willing to claim ignorance, but I’ve been thinking about
the recent estimate at 100-240k deaths here in the US. It’s documented well enough that of the people who show symptoms, it’s between a 1-5% mortality rate (some countries like Spain estimate total mortality of around 10% but I’m assuming that they aren’t counting asymptomatic carriers).

Hypothetically, let’s say that only 10% of the US gets infected. That’s 330 million * .1 = 33 million. Of this number, let’s say that only half of the carriers are symptomatic. With 16.5M symptomatic carriers, even guessing a LOW mortality rate of 2%, the number of deaths blows the 240k death number out of the water, landing at 330k.

Now, knowing how crazy the virus is and how quickly it spreads, it’s more likely to assume that 20%+ of the US gets infected. At one point, it was estimated that 40-60% of people were going to be infected. With everyone worrying about the economy (potentially dropping into a depression, not just a recession) it’s possible that the government really will try to open everything before the virus is eradicated.

No matter what your political views are (I’m personally a greedy capitalist republican), I feel like the death number might be underplayed in an effort to comfort people enough to start buying products quickly again. Essentially, I believe the projection is way too low, and that the idea is to comfort Americans enough to where they will kickstart the economy when it’s deemed “safe”. It’s no secret that this virus is going to have long-standing effects - it’s not like people are just going to all go out one day and start touching everything again. At least, not unless a vaccine is created tomorrow by some divine miraculous design. What do you all think?

Again, I’m totally open to hearing any opinions and I really just want to be more educated as a whole. I’m typically not a conspiracy theorist, but these are wildly unprecedented times. I’d love to hear what you all think and if anyone thinks this makes sense.

 
Most Helpful

The mortality rate is lower than 1%. I think the case mortality rate is around 2% in the US but if you include those who cant get tested (in early days you needed foreign travel or direct contact with a confirmed), those who choose not to get tested (e.g. spouse of someone who is positive, who has symptoms), and those who arent showing symptoms, the infection mortality rate is much lower.

I think the 100k figure was prefaced by the white house as a best case scenario, if we adhere to strict social distancing through May. So you're probably right that the overall number will be higher. Will be interesting to see if they start lumping in additional numbers from other diseases, like will more people die from the standard flu because there are fewer beds available? And will the death count from a pre-exsiting condition (heart, diabetes, cancer) take a dip this year as those deaths get expedited due to / blamed on covid...

 

Dolor quod non consequatur. Ad maiores animi dolore. Nulla tenetur nam ut adipisci deleniti vitae.

Sed dolorem suscipit maxime esse ducimus sequi sed. Et praesentium omnis iste saepe quam voluptates nulla. Non nulla eos tenetur voluptatem.

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Betsy Massar's picture
Betsy Massar
99.0
4
Secyh62's picture
Secyh62
99.0
5
GameTheory's picture
GameTheory
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
kanon's picture
kanon
98.9
9
Linda Abraham's picture
Linda Abraham
98.8
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”