Zero Hedge: Morgan Stanley Publishes Full Timeline Of Upcoming Coronavirus Milestones; Sees Second Coronavirus Peak In December
Now that it has become clear that every day that the US economic shutdown continues as a result of the coronavirus pandemic means billions in economic losses and untold damages to the social fabric of the United States where over 20 million people will soon be unemployed, what all analysts - and frankly everyone else - want to know is i) when will the US reach the peak of the coronavirus curve and ii) when will the US start reopening.
Addressing the first, we showed some good news yesterday when the latest JPMorgan coronavirus "curve" showed the US fast approaching the peak of the curve, i.e., the end of the "late accumulation" phase, and sliding into recovery.
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WNU Editor: When it comes to Covid-19 projections, it is a relief to say that they have fallen short in their "worst" scenarios. The possibility of a second wave is worrisome. Second pandemic waves have happened in the past, and there is no reason to say that it will not happen with this one.
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