US Delta wave peaking

BofA with the note:

Recent Covid developments have been somewhat encouraging. Weekly case growth in the US has dropped to around 5%. Cases appear to be at or close to the peak in some states–most notably Florida–that were hit the earliest and the hardest by the Delta wave. Yet we think the situation is likely to remain tenuous until end-September.

The good news is that hospitalizations are running slightly below our optimistic scenario and vaccine distribution has picked up faster than we were expecting(Exhibit 1).

There are 715 words left in this subscriber-only article.

Start your free 14-day trial today!

Comments are hidden for Membership Subscribers only.