J&J Vaccine Halted, Statistics Don’t Agree

One of the difficulties with any public health situation is that you have to weigh the costs and benefits of treatment. When it comes to the J&J vaccine, the statistics don’t support a stoppage.

So far, there have been 6 blood clots, including one blood clot related death with almost 7 million doses given. That means if you vaccinated the entire U.S. there would be approximately 300 blood clots and 50 deaths. So far over 500,000 people have died from Covid.

Even if the true rate was 20 times higher, the statistics would say it is far better for the population to vaccinate. This isn’t even counting other COVID related issues or side effects from a continued shutdown.

While some may argue, well we have Pfizer and Moderna, there are three things to consider:

  • J&J shot gives its full response in 2 weeks, not 6.
  • Many people are likely to skip the second dose of Pfizer or Moderna. J&J is one shot.
  • J&J is easy to distribute since it doesn’t need super cold storage.

I obviously feel for the families and individual affected, but the math doesn’t support stopping vaccinations now.

PS5s? Nah, Houses are Harder to Find

The housing data coming out this month is insane. I’ve been collecting data posted by Bill McBride on calculatedriskblog.com and here’s the data for 9 different markets over the last week.

Those aren’t typos. In almost every market there are only about 2 weeks worth of homes on the market.

I don’t have the right words to describe how crazy the housing market is. Until people want to move, it will be extraordinarily hard to buy a house.