COVID-19 UPDATE: USA COVID-19 cases collapse to 42,017, -13,000 vs 1D ago and -12,810 vs 7D ago. Case declines accelerating even as policymakers still panic Array ( [cookie] => c85018-9dae20-eb73e5-6121b5-22543d [current_usage] => 2 [max_usage] => 2 [current_usage_crypto] => 1 [max_usage_crypto] => 1 [lock] => 1 [message] => [error] => [active_member] => 1 [subscriber] => 0 [role] => fsi_pro [visitor_id] => 563296 [reason] => [method] => ) 1
Click HERE to access the FSInsight COVID-19 Daily Chartbook.
STRATEGY: Despite headlines of rampant spread, COVID-19 is slowing in the US
Total USA COVID-19 cases collapsed to 42,017, down -13,000 from 1D ago and down 12,810 from 7D ago. In fact, it is the fewest number of new cases since June 29th. The decline in COVID-19 cases is building downside momentum, shifting from a stubborn plateau a few weeks ago, to now seeing an accelerating fall.
The epicenter, FL, CA, AZ, TX are doing even better as shown below. Their daily cases are ~40% off their peaks. The retrenchment of COVID-19 in these states is gaining momentum. In fact, their case profile currently looks like a textbook match to what we saw in NY tristate/MA/RI.
Source: COVID-19 Tracking Project
If F-CAT states track NY tristate, we should see USA cases down 75% in the next two weeks and down 90% by early September. So, the next few weeks are going to be important.
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