It Finally Peaked: The Delta Of Delta Turns Negative

Via ZeroHedge

Ten days ago we said that, according to Morgan Stanley calculations, the Delta wave will peak in 1-2 weeks. Well, golf clap to Morgan Stanley’s Matthew Harrison who, with uncanny precision, was spot on and exactly at the midpoint of “1-2 weeks later” the ascent of Delta variant new cases in the US has now peaked, and it’s all downhill from here. 

According to Bank of America’s Hans Mikkelsen, evidence – such as the University of Washington’s IHME model – suggests “the US is now past the peak level of daily COVID-19 infections caused primarily by the Delta variant.”

To be sure, there are a few caveats here: while daily new cases – a subset of new infections – also showed a small decline yesterday (to 147,294 from 147,550 the prior day on a 7-day average basis), BofA warns that this data is noisier due to varying levels testing activity and potentially Hurricane Henri.

But even the “much cleaner data” for number of people hospitalized with COVID-19 confirms that the peak is now in the rearview mirror: while the number rose “just” 7.8% the past week which, due to its lagged nature and very rapid pace of decline, Mikkelsen notes that this “is consistent with the US being past peak level infections.”

Moreover the recent one-percentage point decline in the COVID-19 test positive rate to 9.32% – another indicator that the US is now past peak level infections – highlights one driver of high daily case counts is merely more testing activity.

What does this mean for markets, if not the economy and political propaganda?

Well, if the US has not already seen peak COVID-19 case numbers, BofA is confident that reaching that milestone is “imminent.” More importantly, with the UK as guide, the decline in case numbers on the other side could be rapid.

The IHME model forecasts a 50% decline from peak level daily infections by October 11th, and by September 22 – the timing of the next FOMC meeting – the predicted decline is nearly 40%. This, according to BofA, bodes well for reopening trades that underperformed so far in 2H21 as the US COVID-19 situation deteriorated; it does not bode well for those who are praying that the delta variant will force the Fed to delay tapering.

As for what it means for US society that the media and politicians will no longer be able to scaremonger with the Delta variant, that’s beyond the scope of this post, suffice to say that we fully expect the “independent media” to quickly shift their focus to the “unexpected” emergence of the lambda or some other, even “deadlier” variant, which politicians will immediately weaponize in their neverending quest to convert the US into one giant authoritarian nanny-state.

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26 Comments
Anonymous
Anonymous
August 25, 2021 7:36 am

Yeah, but schools are opening. Which means more mandatory testing.

Anonymous
Anonymous
  Anonymous
August 25, 2021 9:00 am

As soon as the Pfizer shot was approved by FDA for extended emergency use Gov. Murphy jumped on the bandwagon. All NJ schools will comply with masking indoors and on the bus. State employees and school admin are compelled to have their shots by October 18. Non-vax people will be asked to take 1-2 tests per week – even if they show no symptoms.

The political idiocy shows no signs of abatement, because Delta is their boogeyman as cases from jabbed people continue rising.

Anonymous
Anonymous
  Anonymous
August 25, 2021 9:47 am

Some districts have been trying to claim federal “authority”. That doesn’t exist, and these women are having to have that explained to them using small words spoken slowly.

Anonymous
Anonymous
  Anonymous
August 25, 2021 9:46 am

The administrations that are not allowed to do totalitarian fear mongering (due to state government) are just going nuts trying to figure out how to keep the narrative alive. Turning it up to 11 and that is no exaggeration.

When people don’t start going sick and dropping like flies….Universities have lots of students wanting to not work, so when they cut class for 2 weeks and “call in sick”, this helps maintain the lie.

Saxons Wrath
Saxons Wrath
  Anonymous
August 25, 2021 11:33 am

Delta is so yesterday, haven’t you heard? Coming soon, it will be echo, then foxtrot, followed by golf and so on down the line. Until the People say enough with the hoax. No more compliance, no shots, nothing doing with the demands of the (((authorities))). Throw off the shackles folks. Go Galt, as needed. Good luck. I’m doing my bit now.

Fedup
Fedup
August 25, 2021 7:48 am

Don’t worry, another lie will replace the current lie. The powers that be have got this far, they’re not going to give up now.
There is now a huge industry making money off this lie and that will provide a push to keep the lie going.
It’s already been shown that peaceful resistance is futile. Go ahead, hold up some signs, march in the streets. The next day it’ll be business as usual, the lie must go on.
Pointing out irregularities will fall on deaf ears. “Trust the science”, “we need to stop misinformation”, rules the day among the masses.
Deadlines for the next regulation, mandate give you time to adjust to “the new normal.” Then derogatory slogans are made for the dissenters and the next new rule will emerge.
Since the rules pass so easily, people are gaslit into believing that the majority are in favor of the new restrictions.
How do you deal with a bully that won’t stop harassing you and the parents don’t care?

JIMSKI
JIMSKI
August 25, 2021 8:20 am

So I read where the institute that hands out organs for transplant is now kicking people off the list for not having the jab. One poor guy who is in end stage heart failure was taken off. His doctor said with the covid issue for hearts he can not take the jab.

NO HEART FOR YOU!

very old white guy
very old white guy
  JIMSKI
August 25, 2021 9:16 am

Nasty little catch 22 there, Your heart does not work properly and to qualify to get a replacement you have to take a shot which can damage the heart, and potentially destroy a replacement heart. Fuck, stupid does not begin to describe such lunacy.

Anonymous
Anonymous
  very old white guy
August 25, 2021 9:55 am

No, but evil does.

Svarga Loka
Svarga Loka
  JIMSKI
August 25, 2021 9:53 am

Ironic that it is regarding the HEART. People without a heart are withholding a heart to a man that has a heart.

TampaRed
TampaRed
  JIMSKI
August 25, 2021 11:38 am

dittos here–
a woman in alaska has immune system problems & can’t take the jab but her doc /specialty clinic is dropping her b/c she refuses the jab–that clinic is the only one in alaska that treats her condition–
i do not believe that the medical profession will ever again be respected by a large % of the population if the luciferians fail in their attempt to rule the world–

Woman Refused Lifesaving Medical Treatment Because She Declined COVID Vaccine

Iska Waran
Iska Waran
  JIMSKI
August 25, 2021 12:07 pm

After 35 years of having the donor boxed checked on my driver’s license, I decided I’d better uncheck that. I don’t want some doctor pulling the plug on me so they can sell my shvantz to a trans-man.

Joe Blow have hemp rope, will travel...
Joe Blow have hemp rope, will travel...
  Iska Waran
August 25, 2021 12:44 pm

Fuckin’ A. Time to pull it. I don’t get my driver’s license again for some time, but I will scratch through it or something.

TheAssegai
TheAssegai
August 25, 2021 8:40 am

I know I am a broken record, but articles about this variant up and this variant down and so forth perpetuate the psyop. The conversation must be about the SARS-CoV-2 lie, that is the basis of it all. The conversation must be about SARS-CoV-2 being the psyop vehicle to get to medical passports to get to CBDCs to get to slavery.

Svarga Loka
Svarga Loka
  TheAssegai
August 25, 2021 9:58 am

What’s a CBDC? Google search says “central bank digital currency”. Is that what you mean? I must be getting too old for these acronyms.

TheAssegai
TheAssegai
  Svarga Loka
August 25, 2021 10:08 am

You are exactly correct. They want to move away from paper currency and credit cards and use CBDC, that way they minutely control what you can spend and what items you can purchase. They have termed this concept ‘Going Direct’, you will have an account with the The Federal Reserve (ultimately, it will be with the Bank For International Settlements or the like) in which funds will be deposited and spent from. There will be time limits to spend, and restrictions on what you can purchase. You will be totally controlled. The ultimate slave system. The ‘pandemic’ appears to be the cover for this.

Svarga Loka
Svarga Loka
  TheAssegai
August 25, 2021 10:15 am

I agree 100%. I remember when this BS about the coin shortage came out last year, I very much enjoyed my acts of defiance of always paying cash in the store. The look of disgust of the employees having to accept my “dirty” money – priceless.

TheAssegai
TheAssegai
  Svarga Loka
August 25, 2021 12:36 pm

If you have an hour, John Titus’ latest is, as usual, excellent. He explains the whole ‘going direct’ and CBDC situation.

very old white guy
very old white guy
August 25, 2021 9:13 am

As viruses mutate, it is a virus thing, there will be more insanity forced on people unless the people flat out refuse and physically force the governments to back down.

kc
kc
  very old white guy
August 25, 2021 1:21 pm

those F@CKERS have all their body guards and personal aids so close to them that you can’t get close. long scope and good lead will be better

Anonymous
Anonymous
  very old white guy
August 25, 2021 2:24 pm

As viruses mutate, it is a virus thing, there will be more insanity forced on people.

FIFY

Anonymous
Anonymous
August 25, 2021 9:43 am

Until there are legitimate tests, all of this data is meaningless.

Anonymous
Anonymous
  Anonymous
August 25, 2021 2:24 pm

Thank you.

Farmer Chet
Farmer Chet
August 25, 2021 9:59 am

The only 3 facts you need to know:
– PCR test cannot detect viruses. We have NO test and have NO WAY to know if there are ‘cases’.
– There is NO way to determine variants of coronavirus. It is a guess at-best and most likely a complete lie.
– Viruses are thousands of times smaller than the holes in a mask or face diaper. Put a screen door on your submarine to get the same effect!

Iska Waran
Iska Waran
August 25, 2021 12:03 pm

I was really hoping monkey pox would catch on. Apparently it causes people to be consumed with the desire to climb a tree – and then they fall to their deaths. Thankfully it only affects people over 80.

Anonymous
Anonymous
August 25, 2021 2:19 pm

Tag says Delta variant is bullshit.

How ’bout “Anything measured in PCR-derived CASES!!!! is bullshit”.