/biz/ - Business & Finance

>fatalities at 4%
>"that's just bad Chinese medical care"
>fatalities at 8%
>"mild cases are being missed. Now that testing is exploding, it will go way down in two weeks. No way is it over 1%.
>Two weeks pass, massive testing
>Fatalities exceed 15%
>R0 seems to be on the high end of original predictions.

The leaked early March CDC projection had a maximum 1% fatality rate and predicted 2.4 million dead in America in a year.

Since then Harvard put out a revised lethality rate of 5.4%, WHO is moving up to 3.4%. In Italian style collapse it seems it might be closer to 8%.

If it turns out this bug is actually more like 1:10 fatal and it keeps getting confirmed, how bad will the markets react?