New Covid Cases And Its Impacts On The Economy

A summary of the new Covid cases and its impacts over the month of October by Greg Presseau Of Perennial Capital.Q3 2020 hedge fund letters, conferences and moreOctober 30 Update: US Covid cases have inflected upSince last week’s update, we have seen:Germany and France have declared lockdowns through NovemberUS Covid cases have inflected up, fitting our projectionsNY Covid cases (our early indicator for Padd 1 fuel demand) has started to pick up but it’s not clear if there’s a strong ‘inflection’It is clear that Covid cases in the EU have been climbing. However, business activity, as measured …

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HEDGE accordingly