US COVID Cases Tumble Across The West & South

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by Tyler Durden
Wednesday, Jan 27, 2021 - 08:53 PM

In the last few days - really since the BIden inauguration - we have seen declarations of victory over covid across the board, from the likes of Dr. Fauci who yesterday said that coronavirus infections may be about to hit a "plateau", to Wall Street, where Bank of America yesterday declared "The Beginning Of The End Of The COVID Crisis." Then, last week, we asked if it was "almost over" when the US saw a record one-day drop in covid hospitalizations.

Today, we got further confirmation that the inauguration of Biden was magically just the event that was needed to put covid in the rear-view mirror: as Bloomberg reports, almost every state in the West reported cases falling or flat Tuesday, and every region in the US has seen its seven-day average drop at least 20% since Jan. 12.

When was the peak day? Why just around the day Joe Biden walked into the White House.

Some states, like California and Oregon, saw their numbers drop by more than one-third in the course of the past week. Such improvements inspired California Gov. Newsom to ease social-distancing measures earlier this week. The relaxed policies, combined with more-contagious strains gaining traction in the state, could lay the groundwork for numbers to spike again.

Among US regions, the South, where the seven-day average ticked down 24% over the last two weeks, improved the least. The significant decrease, which has lasted longer than any since the summer, came off a high peak. The South continues to see the highest caseload, and new infections there accounted for half the national total Tuesday. Numbers this month may also be overstated, reflecting catch.