How will Covid-19/Coronavirus Affect my Alternative Investment Portfolio? Part 29: September 13th
Updated: Feb 8
U.S. progress battling second death wave is slow but increasing; World round up; Major stall-out continues in all seven of the planet's largest economies; Escalating virus infections continue in the Midwest (with perhaps a glimmer of hope for a turning point); economy again gets no respite as it's pummeled by massive new unemployment; The financial cliff: more empty showmanship and still no results; "You want herd immunity? You can't handle herd immunity!": the chilling story of Manuas, Brazil; Scientists say "nyet" to test results from Russia's claimed Covid-19 vaccine; Yes, Covid-19 is probably an intestinal disease as well; You can't catch Covid-19 from refrigerated food, right? New study says "not so fast"; Update on my investment strategy.
(Usual disclaimer: I'm just an investor expressing my personal opinion and not a registered financial advisor, attorney or accountant. Consult your own financial professionals before making any financial decisions. Code of Ethics: I / we do not accept any money from any sponsor or platform for anything, including postings, reviews, referring investors, affiliate leads or advertising. Nor do we negotiate special terms for ourselves in the club above what we negotiate for the benefit of members.).
As usual there was a lot of new economic and health information this week. And unlike the last two weeks there was a big pickup in new information about the virus.
This article is part of a multi-article series that's been published weekly since the pandemic began back in March 2020. It started with three introductory articles on the virus and its effect on the economy and on alternative investment classes. Then it moved on to weekly updates on the latest and greatest developments (along with weekly updates on my evolving personal portfolio strategy). You can see the links to every article in the series here.
U.S. Progress Battling Second Death Wave is Slow but Increasing
For the 26th week in a row, the United States battled the coronavirus called SARS-CoV-2, which causes the Covid-19 disease. By Saturday morning, the death toll had climbed to 197,675 (versus 192,146 last Saturday morning).