Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stocks, Bitcoin and Crypto Markets Breaking Bad on Donald Trump Pump - 21st Nov 24
Gold Price To Re-Test $2,700 - 21st Nov 24
Stock Market Sentiment Speaks: This Is My Strong Warning To You - 21st Nov 24
Financial Crisis 2025 - This is Going to Shock People! - 21st Nov 24
Dubai Deluge - AI Tech Stocks Earnings Correction Opportunities - 18th Nov 24
Why President Trump Has NO Real Power - Deep State Military Industrial Complex - 8th Nov 24
Social Grant Increases and Serge Belamant Amid South Africa's New Political Landscape - 8th Nov 24
Is Forex Worth It? - 8th Nov 24
Nvidia Numero Uno in Count Down to President Donald Pump Election Victory - 5th Nov 24
Trump or Harris - Who Wins US Presidential Election 2024 Forecast Prediction - 5th Nov 24
Stock Market Brief in Count Down to US Election Result 2024 - 3rd Nov 24
Gold Stocks’ Winter Rally 2024 - 3rd Nov 24
Why Countdown to U.S. Recession is Underway - 3rd Nov 24
Stock Market Trend Forecast to Jan 2025 - 2nd Nov 24
President Donald PUMP Forecast to Win US Presidential Election 2024 - 1st Nov 24
At These Levels, Buying Silver Is Like Getting It At $5 In 2003 - 28th Oct 24
Nvidia Numero Uno Selling Shovels in the AI Gold Rush - 28th Oct 24
The Future of Online Casinos - 28th Oct 24
Panic in the Air As Stock Market Correction Delivers Deep Opps in AI Tech Stocks - 27th Oct 24
Stocks, Bitcoin, Crypto's Counting Down to President Donald Pump! - 27th Oct 24
UK Budget 2024 - What to do Before 30th Oct - Pensions and ISA's - 27th Oct 24
7 Days of Crypto Opportunities Starts NOW - 27th Oct 24
The Power Law in Venture Capital: How Visionary Investors Like Yuri Milner Have Shaped the Future - 27th Oct 24
This Points To Significantly Higher Silver Prices - 27th Oct 24

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

UK Government Adopts "Herd Immunity" Protocol, Targeting 60% Infected and Upto 2 million Deaths

Politics / Pandemic Mar 13, 2020 - 12:04 PM GMT

By: Nadeem_Walayat

Politics

The UK Governments Chief Scientific Advisor let slip the Boris Johnson Governments cunning plan to combat the Coronavirus pandemic. Apparently the plan is not to follow what every other nation is doing in attempting to contain outbreaks but instead the scientists have convinced Boris Johnson to adopt the "HERD IMMUNITY" Protocol. Which is that once at least 60% of the population has become INFECTED with the virus then they would develop an immunity and thus no longer spread the virus onto the remaining 40% or so of the population.


However, the fly in the ointment in this cunning plan as discussed by the Chief Scientific advisor on Sky News earlier today is that even at a conservative case fatality rate of 1% would imply to expect 400,000 DEATHS! That is what the British government is planning for! And worse still many countries such as China and Italy are experiencing a far higher case fatality rate of 3.5% which would resolve to 1.4 million UK deaths! And this explains why the likes of the Cheltenham Festival have gone ahead and Britians schools remain open whilst countries with fewer cases such as Ireland have closed theirs, it is because the government wants the people to "Keep Calm and Keep Infecting!"

UK Coronavirus Infections Trend Forecast Update

UK government this week adopted as string of measures aimed to combating the economic consequences of the Coronavirus, by going on a £30 billion spending spree to try and inflate the economy whilst the Herd Immunity protocol was being implemented.

The total number of infections recorded in the UK has now started to go parabolic, exceeding my trend trajectory by 173% due to increasing community spread.

So rather than taking proactive actions to prevent infections it seems like the UK government is encouraging infections to take place as illustrated by the fact that the Cheltenham Festival has gone ahead that in my opinion will result in hundreds of infections. That and the schools are not being closed as I was expecting to take place by now. So the UK government is not taking any serious actions to prevent the spread of the infections which ensures that the UK is heading for more than 5000 officially recorded as being infected by the end of March, to now probably total nearer to 10000.

Whilst the number of deaths is similarly running at about 170% of forecast that implies to expect at least 150 deaths by the end of March and infinity more for April.

The UK and US continue to scramble to REACT to the unfolding Coronavirus pandemic as governments and health officials have effectively been sat on their asses for the WHOLE of February, DONE NOTHING! LEARNED NOTHING from China, LEARNED NOTHING from South Korea that I held up as a model for what the West should follow so as to prevent a catastrophic case fatality rate of as high as 3.5%! Whilst following South Korea's example offered a case fatality rate of about 0.64%, far less than China's as I covered in the following key articles and subsquent videos:

Selection of videos in the Coronavirus series:

This analysis updates the current state of the unfolding pandemic in the UK, US and world outside of China, comparing the actual trend trajectory against my forecasts in advance of my Coronavirus trend forecasts for April 2020 to give advance warning of what to expect in terms of market trends.

Whilst market implications of the unfolding Coronavirus pandemic including trend forecasts were first made available to Patrons who support my works. So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat

A month ago I imagined that the likes of America's CDC and Britain's NHS would be better able to respond to the Coronavirus than China's police state, especially given that we had a good 6 weeks head start! Unfortunately with each passing week all I have seen is INACTION!

For instance in the UK the Cheltenham Horse Racing Festival that will likely be attended by 250,000 people has not been cancelled! This just shows how negligent the response of our governments has been! So despite Wednesdays UK Budget announcement of pumping an extra £30 billion into the economy to help mitigate the Coronavirus economic shock, coupled with Bank of England slashing interest rates from 0.75% to 0.25%, plus £250 billion being made available to the banking crime syndicate so as to prevent a financial crisis. All of this amounts to just half measures if events such as the Cheltenham festival continue to take place! That WILL be a BREEDING ground for the virus! hundreds, maybe thousands will become infected at this one festival who will go on and infect many thousands more, which suggests to expect explosive growth in the number of UK infected a week or so from now when people start showing symptoms.

The infections trend curves for the West were expected to be shallower and longer (green line) thus allowing for healthcare systems to be better able to cope with the seriously ill.

Unfortunately, as we are likely to find out that NO Coronavirus lessons have been learned, it's as though those in charge were completely oblivious to the Pandemic until this week. Thus the US and UK to a lesser extent look set to experience the red trend line, whilst all those singing China's praises at the moment fail to realise that China's pandemic will resume when they start to lift restrictions though with a less sharp peak (blue line). Which is why to expect a global recession for 2020, because the worst of the Coronavirus pain is yet to come i.e. we in the West are at the 2 month mark and following the red line trend trajectory so you can imagine how bad things are going to quickly get.

Whilst the the fools at the WHO have now finally declared what has been blindingly obvious for some time that a global pandemic is underway!

The bottom line is that the actions being announced this week in the UK and US are too late to prevent a much worse pandemic than what should otherwise have been the case. So it is time to batten down the hatches and protect ourselves in which respect VITAMIN D can help lessen reparatory tract infections as I covered one of my recent videos.

VITAMIN D3 Could Save Your Life! Coronavirus Pandemic Protection & COVID-19 Illness Mitigation

So perhaps the number 1 thing you could do right now to prepare yourselves to the coming Coronavirus storm is to bolster your immune systems by getting yourselves some Vitamin D3 from 25mcg (1000iu) strength upto 100mcg (4000iu). Also make sure you are buying D3 and not the less effective D2. Do that before entertaining other supplements and devices such as virus and bacteria killing UV-C lamps.

CoronaVirus Stocks Bear Market Trend Forecast Implications

This rest of this analysis has first been made available to Patrons who support my work. UK and US Entering Coronavirus Pandemic Storm Stage Triggering Market Panic Drops

So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

Recent updates include:

And ensure you are subscribed to my ALWAYS FREE newsletter for my next in-depth analysis.

Your Analyst

Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2020 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in