First time: 100k+ COVID Cases Today

Today the US had over 103k COVID cases – the first time over 100k. You can see we are at an all time high for cases.

This is not just more testing. Hospitalizations and Deaths are now climbing. In March, only really sick people were tested so cases, hospitalizations, and deaths were almost at the same time.

Now tests lead hospitalizations and those lead to deaths. Thus hospitalizations and deaths will continue to rise.

Again, this will slow the recovery, especially in the hardest hit sectors as states implement new restrictions.

COVID is Back with a Vengeance

Not much to add. We are going to likely see more restrictions and economic recovery slow downs as COVID in the US and Europe is essentially at new highs.

Hospitalizations are up 40% in a few weeks, positivity rates are up from 5% to almost 8%, and deaths are starting to climb. This is not just a testing issue.