Is that because we are still in round 1, obviously not. Kudlow is only about green shoots and a consistent goldilocks economy where everything is literally rainbows and butterflies no matter what. Larry Kudlow says a second wave of coronavirus cases ‘isn’t coming’ PUBLISHED MON, JUN 22 20209:42 AM EDTUPDATED 2 HOURS AGO https://www.cnbc.com/2020/06/22/lar...nd-wave-of-coronavirus-cases-isnt-coming.html
I keep telling you, it spreads fast you all get it unless crazy early lockdown, even then the first wave wasn't enough to warrant lockdowns hopefully they've learnt that but yeah Some States might have an increase as they did lock down too soon. South Korea says it's getting 2nd wave, so all that yeah they did so well, well they just delayed it, lockdown again and repeat many times ?? or Sweden ?? We are all going to get it and/or mostly have, calm, 99% of us it won't effect badly, hell 40% won't even be aware you've had it.
If worldometers.info were traders, they'd put up a 50 MA, compare it with a 200MA, and look for a "death cross".
Strangely Sweden without Lockdowns looks exactly the same Go to Worldometer... https://www.worldometers.info/coronavirus/country/us/ Sort my Deaths per Million. Everywhere below 500/Mil will get an up tick after lockdown, the lower the number the more the uptick, just basic logic we are all going to get it and it'll give 0.1% +/-0.05%, until then, there aint no fat lady singing. Lockdowns, just slow does the process, nothing more, there not magic, you don't become immune and it doesn't 100.000000000000000000% go, it'll still be knocking around in 2years time.
This is a guy that states a lot of things about Coronavirus without any scientific fact...the same guy when asked about Pres. Trump's comments involving putting disinfectant / UV light into the human body to kill Coronavirus. Regardless, we're still in the 1st wave with concerning infection rate / hospitalization. Thus, we never produce that 1st wave bell curve...we're still stuck in the 1st wave...trying to complete a bell curve. Hopefully, before the elections and flu season. Now that more young people are becoming infected / hospitalized...maybe he's thinking more people will be killed off and / or a vaccine / approved treatment will be discovered prior to a 2nd wave. If that happens...he's then right. Then again, he's on the economic / financial advisor team and not the medical / health advisor team. The one thing I will agree with him about is that there will most likely be another stimulus package because their desperate to protect the economy going into U.S. elections so that it (no another stimulus) can be used against them during the elections. The Coronavirus will raise government debt burdens 15 - 30% and one of the most efficient ways to manage that will to keep interest rates as low as possible for as long as possible. Note: I don't understand a lot about the growing government debt burdens. Regardless, listening to Kudlow talk about science / health is like listening to a taxi cab driver. With that said, I was thinking what would happen if Universities decide to stay online for the next academic year...he then could be right...there may not be a 2nd wave if the economy can continue be supported by all that money printing. They'll begin to see a clearer picture in August to answer a lot of questions as industries are re-opening more or maybe closing again. wrbtrader
Nice decline in the number of deaths...thanks to more ventilators, Covid-19 illness awareness prior to hospitalization and better awareness by hospitals about what to do when one of the key illness shows up...pneumonia / double pneumonia. More understanding too in vulnerable communities involving their elderly and those with underlying medical conditions. A long way to go but the decline is still good news. Flatten that along with another stimulus package to support the economy / unemployed and then a vaccine / approved treatment... We won't see a 2nd wave. wrbtrader
Seems cold air in meat packing plants helps the virus survive. So there might well be a second wave of infections starting around October, for those in the northern hemisphere. But the virus may have weakened so there might not be a second large wave of deaths. Who knows..