COVID-19 UPDATE: Americans broke their "shelter at home diets" and next 2 weeks will tell us a lot. Most at stake are "social distance victim stocks" = barometer next 2 weeks

COVID-19 remains a global crisis and we realize that many people need to keep up with COVID-19 developments, particularly since we are moving into the more critical stage ("restart economy"), so feel free to share our commentary to anyone who has interest.There are sources if the US sees "renewed" outbreak in the number and intensity of COVID-19 cases.  We touched upon these yesterday, the first is the 75 cities seeing widespread protests stemming from the senseless death of George Floyd; and the second, is imported cases along the US-Mexico border (as discussed below, in the 23 counties bordering US-Mexico, daily cases +162% in the past month).  From a healthcare perspective, the mass gatherings, laying aside social distance protocol, PPE (for most part) and sanitization, is equivalent to a dieter being 27 days into a 30 day "no carb" diet and suddenly breaking fast.But I don't know what will happen in two weeks.  And this is why the path of COVID-19 in the US is dependent on the outcome from these protests.  No doubt, Americans gathering in density is similar to the Champion League events in Northern Italy that resulted in that country's massive outbreak.  We now have transmission risk in high gear in the US in 75 cities.  This is a fact.&nbs...

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, or FSI Macro subscription is required in order to access this content.

*Free trial available only on a monthly plan

More from the author

Disclosures (show)

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

🎁 Unlock 1 extra article by joining our Community!

You’ve reached your limit of 2 free monthly articles. Please enter your email to unlock 1 more articles.

Already have an account? Sign In

Want to receive Regular Market Updates to your Inbox?

I am your default error :)