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The Corona Riots Begin, US Covid-19 Catastrophe Trend Analysis

Politics / US Politics Jun 03, 2020 - 12:13 PM GMT

By: Nadeem_Walayat

Politics

President Trump recently successfully bullshitted the gullible mainstream media into believing that he was self medicating on the anti malaria Hydrosychloroquine, that includes side effects such as paranoia, delirium and herat attacks, so unlike Vitamin D, definitely not to be taken on a whim, bur rather after considering the evidence in its favour of actually working to combat a coronavirus infection for which there is a building case against as previous tweets by nut jobs have been exposed as being BS.


The whole of this extensive analysis that concludes in a detailed trend forecast for the Silver price was first made available to Patrons who support my work: UK and US Corona Catastrophe Trend Analysis, Stock Market State and Silver Price Trend Forecast Summer 2020

  • UK Corona Catastrophe Trend Analysis
  • FEEDING THE INFLATION MEGA-TREND
  • US Corona Catastrophe Trend Analysis
  • The Corona Riots of 2020 Have Begun!
  • Stock Markets Failing to Give Another AI Mega-trend Buying Opportunity
  • Silver vs Gold Trend
  • Gold Silver Ratio
  • Silver Long-term Trend Analysis
  • Silver Trend Analysis
  • Formulating a Trend Forecast
  • Silver Price Trend Forecast Conclusion

So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

Meanwhile whilst Trump plays his ratings game, the US corona catastrophe continues to unfold with the official death toll now passing 100k, my last look late April concluded a trend trajectory towards 110,000 by the end of May that looks set to be reached.

Similarly to the UK, the daily deaths remains on a volatile downwards trend trajectory with the 7 day deaths moving average currently standing at 1024, down from a peak of 2696. Whilst the 14 day moving average stands at 1183 down from a peak of 2405, for a spread of 159. Where even if this trend persists suggests that the US is still a good 3 weeks away from when the US should consider relaxing lockdown's else risk triggering a trend to a significant second peak. Still the overall trend is in the right direction which goes some way to explain the stock markets shoulder shrug response to the pandemic as so far an expected correction of about 14% has largely failed materialise.

And as is the case for the UK, the declining trend picture looks corrective, so unfortunately a second spike is highly probable that will take the daily number of deaths to above 2000 in a few months time.

The Corona Riots of 2020 Have Begun!

Making over 40 millions workers unemployed in matter of weeks inevitably has societal consequences, throw into this powder keg an unprecedented death toll, far beyond that off all US post WW2 wars combined then all it would would take is one spark, any spark to ignite this powder keg as happened this week. Where the killing of an unarmed black man by a white cop caught on camera was the spark that triggered the angry protests that soon descended into riots and looting on a scale not seen for decades that is fast spreading to more than a dozen cities, which is just a harbinger of worse to come.

The same fundamentals of economic collapse, job losses on an unprecedented scale AND then having hundreds of thousands of excess deaths thrown into the mix is happening right across the Western World. and thus the UK, and Europe will too eventually witness their own widespread rioting and looting not seen for decades.

This is what happens at a time of economic collapse when people who have lost virtually everything with little hope that things will get better soon, which this time is coupled with having seen loved ones and friends die premature deaths tends to act as the tipping points that the criminal classes and other dubious actors seek to take advantage of as an excuse to go on the rampage, raping, pillaging and looting which is even more contagious than the coronavirus!

This looting and rioting pandemic is only just beginning and it looks set to spread exponentially across the western world.

The whole of this extensive analysis that concludes in a detailed trend forecast for the Silver price was first made available to Patrons who support my work: UK and US Corona Catastrophe Trend Analysis, Stock Market State and Silver Price Trend Forecast Summer 2020

  • UK Corona Catastrophe Trend Analysis
  • FEEDING THE INFLATION MEGA-TREND
  • US Corona Catastrophe Trend Analysis
  • The Corona Riots of 2020 Have Begun!
  • Stock Markets Failing to Give Another AI Mega-trend Buying Opportunity
  • Silver vs Gold Trend
  • Gold Silver Ratio
  • Silver Long-term Trend Analysis
  • Silver Trend Analysis
  • Formulating a Trend Forecast
  • Silver Price Trend Forecast Conclusion

So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

And ensure you are subscribed to my ALWAYS FREE newsletter for my next in-depth analysis.

Your analyst reminding all not to let their guard down due to corona fatigue, as a 3.5% CFR warrants continuing caution.

Nadeem Walayat

http://www.marketoracle.co.uk

Copyright © 2005-2020 Marketoracle.co.uk (Market Oracle Ltd). All rights reserved.

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Housing Markets Forecast 2014-2018The Stocks Stealth Bull Market 2013 and Beyond EbookThe Stocks Stealth Bull Market Update 2011 EbookThe Interest Rate Mega-Trend EbookThe Inflation Mega-trend Ebook

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any trading losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors before engaging in any trading activities.

Nadeem Walayat Archive

© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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