New Cases in Italian Lombardy Region Slowing Down

Discussion in 'Wall St. News' started by Nighthawk, Mar 16, 2020.

  1. MILAN (Reuters) - Lombardy, the northern Italian region that has suffered the biggest hit from Europe’s worst coronavirus outbreak, is showing the first signs of a possible slowdown in contagion, its governor said on Monday.

    The heavily populated region that includes Italy’s financial capital Milan has seen 1,218 deaths. Of those, 252 were recorded in a 24-hour period between Saturday and Sunday, the largest toll so far.

    In the whole of Italy there were 368 new deaths from the COVID-19 outbreak on Sunday, easily the biggest daily toll recorded in any country, including China.

    But despite the surge in deaths, Governor Attilio Fontana said he saw some reason for optimism in the data, as new cases appeared to be rising less quickly than a few days earlier.

    “I have not seen today’s statistics yet, but... we can see some small steps forward,” he told Radio 1.

    “The increase (in coronavirus cases) is not a sharp rise as it was two, three days ago. Let’s hope it is the start of a trend reversal - I am saying it in a whisper - this could be the start of a trend reversal,” he said on the program Centocittà.

    New cases showed a rise of 13.5% in Lombardy on Sunday compared with Saturday. Monday’s statistics will be published later in the day.

    https://www.reuters.com/article/us-...talys-worst-hit-region-governor-idUSKBN2131TX
     
  2. dozu888

    dozu888

    basically wuhan 2.0

    there is a peak, and then that's it.

    everything fine.. ladies and gentle boyz.
     
  3. Calling a bottom... We will see I hope this ends soon
     
  4. dozu888

    dozu888

    the market bottom who knows... the corona bottom (or should i say top) is guaranteed, virus can't spread infinitely... and Wuhan/China already show the peaking pattern.

    Italy is just showing a little bit of peaking as well.
     
  5. Except Trump-"issimo" with his July/August remarks during the press conference....yad, yada, yada....not very clever....
     
  6. Sell August volatility haha
     
  7. dozu888

    dozu888

    what about it.
     
  8. Cuddles

    Cuddles

    iunno....call a bottom when we peak in US cases....no offense, but "who cares about Italy?" is the American sentiment.