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COVID-19 Daily Cases, Hospitalizations, Deaths Rolling Over

As we close out the week, the best development I see is the recent sustained downturn in COVID-19 cases in the US. This decline (7D delta) is even faster than the retreat seen in April/May after this initial surge. Thus, it seems like COVID-19 cases are improving at a faster pace.

Overall, this affirms my view that the June-July surge in COVID-19 cases plateaued in late July. If this is a textbook peak, similar to what was seen in NY tristate, we could see crushing declines in coming weeks. Across all states, cases are slowing and this reflects the combination of increased mask compliance, better social distance efforts.

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