Even ‘Scientist’ Models Now Forecast The COVID Scourge Ending By The Summer

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Joyful man is cured of the disease and stands at the railway station in a medical mask

Zero Hedge: The covid pandemic was front and center today in economic news, when its impact was felt throughout the January payrolls report (if not to the same extent as December payrolls), whose disappointing +49k reading could be easily explained by continued job losses in the Leisure & Hospitality sector due to COVID-19 outbreaks and associated lockdown measures and restrictions.

However, as BofA’s Hans Mikkelsen writes, “given that the US COVID-19 situation is improving rapidly – for example the number of people hospitalized is down one-third over the past month – and restrictions are lifted in many large states like California, it is straightforward to expect much stronger payrolls going forward.”

Indeed, the latest Covid data shows that absent any major shocks – such as a mutant strain that is fully immune to any existing vaccines – the pandemic should be a thing of the past relatively soon. Read More

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