Despite fears of a "twindemic" (https://en.wikipedia.org/wiki/Twindemic), the last two influenza seasons have been barely noticeable.
I will resolve this market to yes if the cumulative overall hospitalization rate by MMWR Week Number 17 of 2023 is equal to or larger than 60 per 100,000 population, according to https://gis.cdc.gov/GRASP/Fluview/FluHospRates.html
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There is a lot of time left and this will be a very atypical season for sure, but the season seems to be dying out: there were only 0.8 per 100K reported in the week ending Jan 14 and the cumulative is still at 56.7. There is a chance that there is a late winter wave coming up, but I don't think this should be at over 98%

@egroj I've also heard that tests for influenza had ran out last month, and so a lot of influenza cases were being clinically diagnosed (without a test) but that tests are available right now. I think that there is a good chance that a lot of the peak of the wave last month was wrong diagnoses of RSV, rhinoviruses and coronaviruses other than COVID.
Vox says it looks unusually bad, but I don't immediately see how their link supports the comparison to other years:
"more than five times as many people have been hospitalized for the flu so far this season than at the same point in any of the last 10 years."
Also from there, "Additionally, more than five times as many people have been hospitalized for the flu so far this season than at the same point in any of the last 10 years."
@NicoDelon I think it will be, I just bought 'no' ages ago, and 90% sounds reasonable, so no reason to sell it (if I understand how the market works).