Great News: Covid cases are WAY DOWN - Feb 4
Posted: Thu Feb 04, 2021 10:34 am
BofA Equity Research this morning:
"The number of people hospitalized with Covid -19 in the US has declined dramatically to 92,880, or 39,594 off the peak which occurred on January 5th - a rapid turn in the crisis. The decrease is broad-based (50 states+DC, except for Vermont which saw a one-person increase)."
If this trend continues, demand for oil will go WAY UP in Q2.
"The number of people hospitalized with Covid -19 in the US has declined dramatically to 92,880, or 39,594 off the peak which occurred on January 5th - a rapid turn in the crisis. The decrease is broad-based (50 states+DC, except for Vermont which saw a one-person increase)."
If this trend continues, demand for oil will go WAY UP in Q2.