US Coronavirus Catastrophe Current State

Politics / Pandemic Apr 28, 2020 - 05:09 PM GMT

US buck passing has started as Trump de funds the WHO in the middle of a pandemic, yes the WHO has been infiltrated by the CCP as have many western institutions just as the CCP was planning on having the likes of Huawei infiltrate western 5G networks that they were offering at deep discounts to the fools in the UK government who were eager to blindly lap it up despite warnings from the US.. At least the US did not fall for China's 5G cunning plan. Though of course following the corona catastrophe many nations should be waking up to the full spectrum Chinese threat that includes bio-weapons as the story of the lab in Wuhan being the source of the pandemic has once more started to make an appearance in the mainstream press. And It does not matter if it is true or not for it is all for inclusion in the dossier that is being quietly assembled by US Intelligence agencies in preparations for military action later this year.

My forecast as of 22nd of March is for the US to trend towards 531,000 tested as infected by the end of April coupled with 26,550 deaths, for a Case Fatality Rate (CFR) of 5%, as it was hoped that valuable time would not be squandered on political bickering during this escalating national emergency where every day literally counts.

My latest update as of 20th April has the US testing positive rocketing to 792,000 well beyond my forecast for the end of the month, and more than 35 times the number of a month ago!

Whilst the number of deaths at 42,514 is also well beyond my forecast of 26,500 by the end of April with a trend trajectory that targets 60,000 Covid deaths by the end of April .Meanwhile the CFR continues to rise to currently stand at 5.4%

So just like for the UK, any hopes for a competent response have been well and truly blown! We are now well on our way into the twilight zone all courtesy of the morons in charge, mad scientists advising and not fit for purpose CDC!

All this whilst there are growing calls for an end to the lockdown's. This does not bode well for the US for what is likely to transpire during May, how can the curve be flattened if the the outbreaks are not being contained? Lack of competency could result in an even higher peak during May.

The rest of this analysis has first been made available to Patrons who support my work: Is the Stock Market Correct to Ignore The Great Coronavirus Economic Depression?

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Your Analyst

Nadeem Walayat

http://www.marketoracle.co.uk

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

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