Israel, on the other hand, is gearing up for large scale serology tests in order to gauge the proportion of population which has developed antibodies against the novel coronavirus. Israel, whose aggressive response to the coronavirus has held its fatality rate to a fraction of those of the United States and other hard-hit nations, is readying a nationwide serological test of 100,000 citizens. Moshe Bar-Siman-Tov, director-general of Israel’s Health Ministry, said that if antibody tests show a sizable portion of the population has developed antibodies, that could mean Israel is on its way to “herd immunity” and would be well equipped to withstand further outbreaks. Meanwhile, studies have estimated the percentage of Israelis with antibodies range widely, from less than 1% to upward of 10%. … [Read more...] about In-Depth: Is Herd Immunity our best bet in the fight against coronavirus?
International monetary fund
There’s little doubt that Cosmopolis comes across as odd. In a New Yorker review, John Updike commented on its lack of empathy, adding that “the trouble with a tale where anything can happen is that somehow nothing happens”. More savagely, Michiko Kakutani wrote in the New York Times that it was hokey and contrived, “a major dud, as lugubrious and heavy-handed as a bad Wim Wenders film, as dated as an old issue of Interview magazine”. (The 2011 film version by David Cronenberg was somewhat better received.) … [Read more...] about Reading Don Delillo’s ‘Cosmopolis’ during social and financial uncertainty
In this environment, what investing strategies will work? With so many companies unable to give forward guidance, stocks with strong earnings visibility should be good picks. So are those where the impact of COVID-19 is factored in, or those best placed to withstand the turmoil. We could also examine whether firms with more rural exposure would fit the bill. Then there are good but expensive stocks, where you should wait for a correction before buying for the long-term. … [Read more...] about Moneycontrol Pro Weekender | Mr Market puts on his rose-tinted glasses