How will Covid-19/Coronavirus Affect my Alternative Investment Portfolio? Part 49: February 6th
Updated: Feb 15
Third U.S. death wave continues to plateau, but not yet showing signs of hoped-for turning point; Crystal ball: Third U.S. infection wave continues to fall; State Roundup: More relief for beleaguered hospitals as new infections continue to drop; No let-up on economic pummeling, as U.S. hammered yet again by massive levels of new unemployment; All hopes for V-shaped recovery dashed as latest jobs report shows U.S. economic recovery almost completely petering out; Financial cliff: "Large stimulus" party flexes new effective-majority in the Senate and preps to pass $1.9 trillion pandemic-aid and stimulus bill; S&P report claims that stimulus will be necessary to lessen or avoid a double dip recession in 2021; Senior housing occupancy in Q4 drops again and plummets to lowest levels on record; Russian scientists post new study claiming Sputnik V Vaccine is 91.6% effective; When will life go back to normal? Israel's rapid vaccination program could result in herd immunity in just two months, but majority of world may struggle for dismal 7.5 years.; Did we inadvertently create the new super-contagious mutants by using ineffective convalescent plasma treatments? Case study suggests we might have.; Update on my portfolio strategy.
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This week there was a flood of new information on virus spread, economic impact, investment repercussions, the financial cliff and the virus itself.
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.