Page 14 - ISQ October 2020
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INVESTMENT STRATEGY QUARTERLY                                                              APRIL 2020































           COVID-19 360°: An Update




           Chris Meekins, Director, Healthcare Policy Analyst, Equity Research





           COVID-19 has wreaked havoc on both physical and
           economic health in the US. For those who have lost   We have seen notable improvements in the
           loved ones, the pain is very personal and real. Many of   fatality rate from the virus as time has passed.
           those individuals may feel as though government
           leaders have failed them. For those who have lost jobs
           as a result of the shut-downs and those who are strug-  CONDITIONS IMPROVING, HOWEVER, CRISIS
           gling to pay for a roof over their heads or food for their   REMAINS
                                                              With over seven point five million identified cases, over 200,000
           families, the pain is very personal and real as well.
                                                              identified deaths, and likely many more asymptomatic or other-
           Unlike many prior crises, the nation has not become   wise undocumented cases, we have shown a capacity to flatten
           unified in combating this crisis. Politicians have taken   the curve as a country. We have also seen what can happen when
           very different approaches and we are seeing views on   mitigation measures are ignored, with the secondary outbreaks
                                                              in places like Arizona, Florida, and Texas that are just now getting
           how to combat the virus fall along party lines. These
                                                              back under control. The reality remains that as mitigation meas-
           divisions will likely continue to hinder our ability as a   ures are loosened – when people stop wearing masks and start
           nation to most effectively combat this crisis.     congregating in large gatherings – we will likely continue to see
                                                              surges in cases in different states and regions until we reach herd
                                                              immunity through infection or a vaccine. Public health leaders
                                                              will have to continue to play ‘Whack-a-Mole’ as new hot spots
              “                                               emerge.
                As individuals return to school,
                work, and other activities this fall,         We have seen notable improvements in the fatality rate from
                the race for a vaccine becomes                the virus as time has passed. This is likely a result of doing a
                                                              better job protecting those most vulnerable (such as those in
                particularly important.    ”                  nursing homes) and improvements in care protocols for those
                                                              who are hospitalised. As time passes with every disease,
                                                              improvements occur in the way individuals are treated as
                                                              great scientific understanding is achieved. Some treatments,



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