Posted by Hannity Staff | 2 hours ago | May 20, 2020
A bombshell new report from JPMorgan shows the infection rate of the Coronavirus has actually decreased -not increased- in states that have ended their lockdowns; debunking the media’s narrative against the President’s plan to re-open America.
“JPMorgan has a devastating piece arguing that infection rates have declined — not increased — in states where lockdowns have ended, ‘even after allowing for an appropriate measurement lag,’” writes Carl Quintanilla, an anchor for CNBC.
Carl Quintanilla✔@carlquintanilla
JPMorgan has a devastating piece arguing that infection rates have declined — not increased — in states where lockdowns have ended, “even after allowing for an appropriate measurement lag.” (Kolonavic)
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Carl Quintanilla✔@carlquintanilla
Same goes for various countries, adds JPM. “This means that the pandemic and COVID-19 likely have its own dynamics unrelated to often inconsistent lockdown measures that were being implemented..”
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Carl Quintanilla✔@carlquintanilla
More JPM: “In the absence of conclusive data, these lockdowns were justified initially.” But “millions of lives were being destroyed .. with little consideration that [lockdowns] might not only cause economic devastation but potentially more deaths than COVID-19 itself.”
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Carl Quintanilla✔@carlquintanilla
JPM: Demagogues “will be tempted to use COVID-19 to blame immigrants, people of a different race, or use the pandemic as a pretext to intensify geopolitical tensions. .. We will closely monitor how these risks evolve, but at this point see them as potential tail risks..”
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“In the absence of conclusive data, these lockdowns were justified initially… Millions of lives were being destroyed .. with little consideration that [lockdowns] might not only cause economic devastation but potentially more deaths than COVID-19 itself,” adds the report.
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