1) What is the prevalence of the disease in the general population? The only way to get to this is through wide-scale massive and random testing (both viral and anti-body tests).

2) What is the percentage of those with the disease who need to be hospitalized? I actually think this is a much bigger drag on the economy and demand curves than the death rate.

Hospitalizations not only are the thing that overwhelms our infrastructure, but those are the things that keep people from acting normally IMO. If in the end, the death rate from this thing ends up between .5% of 1.5%, which I think is likely, that would be horrible, but I think that people will adjust their risk tolerance to deal with it and life will move on in the coming months. If the hospitalization rate ends up in the 5-15% range, then I don't think things truly get back to normal until either a vaccine or very effective treatment is developed.

Not many of us as modern humans want to do things that have a 1-200 chance of killing us (or a 1-500 chance of killing us as a healthy adult), but we eventually will accept that risk if it is our only way to eat, provide shelter, etc. Think of our recent ancestors who battled these odds during most years of their lives. But I don't think many of us are willing to do those same things if they have a 1-10 chance of hospitalizing us when there is a hope that those odds will go to almost zero once a vaccine is available in 12-18 months. My two cents today...