How many people does it take to run a risk function? This is a question I’ve been pondering for almost 20 years. After much deliberation… — How many people does it take to run a risk function? This is a question I’ve been pondering for almost 20 years. After much deliberation here’s the formula: Risk Staffing (RS) is a function of Risk Weighted Assets (RWA) — divided by Average Salary — and a function of Risk…

What a difference a couple of weeks makes. Here is the current map of the US for cases. Notice very few hotspots. Only 4 states have more… — What a difference a couple of weeks makes. Here is the current map of the US for cases. Notice very few hotspots. Only 4 states have more than 1,000 new cases per million of population per day. …

The US case curve is looking a lot better and a number of states are saying “NO MORE RESTRICTIONS”. Still the fatality curve is very high… — The US case curve is looking a lot better and a number of states are saying “NO MORE RESTRICTIONS”. Still the fatality curve is very high and persistent. February will be another tough month for fatalities. Average daily deaths in the US are about 2,300.

Let’s start with the US wrap up for COVID in January 2022 — in the context of prior month trends. Over 20 million covid cases reported —… — Let’s start with the US wrap up for COVID in January 2022 — in the context of prior month trends. Over 20 million covid cases reported — that’s the highest ever case number; higher even than India during the Delta surge. January recorded 59,000 deaths. Only 3 months have recorded…

The global march of Omicron is still going — check out the case numbers reported on the WHO website. — The global march of Omicron is still going — check out the case numbers reported on the WHO website. 2022 is showing a truly unprecedented level of cases. World-wide over 22 million cases recorded in the week running up to Jan 17th. Thankfully the fatality curve has not followed suit. The US has peaked for cases — but not yet fatalities

As expected — Omicron is so virulent; and testing is now so prevalent — than recorded cases already for Jan (to the 21st) are at a record… — As expected — Omicron is so virulent; and testing is now so prevalent — than recorded cases already for Jan (to the 21st) are at a record. Over 14 million cases. Run rate for fatalities puts it about 50,000 deaths this month.

Could Omicron have peaked in some countries — and if so — what are the implications for the US? Lets take a look at a few charts: — Could Omicron have peaked in some countries — and if so — what are the implications for the US? Lets take a look at a few charts: The UK looks to have peaked on cases, but fatalities are still climbing — and generally very high for this country. …

Lets look at this in table form: — Lets look at this in table form:

After a tough start to the year, 2021 held the promise of vaccine rollout and reduced cases and fatalities. That worked really well as… — After a tough start to the year, 2021 held the promise of vaccine rollout and reduced cases and fatalities. That worked really well as vulnerable people got vaccinated and eventually vaccines became available for all. …