Researchers uncovered stark news about the coming fall flu season. New European research indicates influenza could more than double the transmission rate of the coronavirus.
The research was a joint study by the Max Planck Institute in Germany and Pasteur Institute in France. It showed that, on average, a patient infected with the SARS-CoV-2 virus could pass Covid-19 to two other people.
But if the patient also had the flu, it would help the coronavirus jump to four or five people.
The scientists developed a model that could simulate the co-circulation of seasonal flu and Covid-19. They analyzed Covid-19 data in European countries – including Belgium, Italy, Spain and Norway – to decouple the impact of the two different infectious diseases.
The bottom line is that the flu will only make the situation worse. That’s because a co-infected patient has to fight two different viruses at the same time.
Furthermore, some typical flu symptoms such as coughing and sneezing will help spread Covid-19 during flu season.
A study by Google and Cold Spring Harbor Laboratory in May found out why flu makes COVID worse.
A flu infection could significantly increase the amount of angiotensin-converting enzyme 2 (ACE2) in the human body. ACE2 is a main receptor used by the coronavirus to bind with host cells.
A similar situation occurred with the 1918-1920 Spanish flu pandemic. It came in several waves. Scientists believe these waves were driven and made worse by the flu season.
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The Big News
Scientific American Picks a Candidate
Scientific American has never endorsed a Presidential candidate . . . until now. Tired of the anti-science crusade by President Trump and his spokespeople, the magazine, America’s premiere science journal, endorsed Joe Biden for President.
The ‘Touchless Economy’ Gets Closer
An AI robot is delivering food to customers at a restaurant in Seoul. It minimizes human contact and helps ensure social distancing. Customers order through a touch-screen on the table., The robot was developed by South Korean telecoms company KT Corp. Its visual SLAM (simultaneous localization and mapping) capabilities allows it to avoid obstacles, including customers.
Red Flags for Russian Vaccine
A group of researchers has raised red flags about Russia’s coronavirus vaccine. In an open letter to The Lancet, the researchers highlight values that seem to be duplicated in the clinical trial data. Also, the Russian research presents its results only as box plots. It did not provide a detailed breakdown of the data on which the graphs are based. The Russian paper’s lead author, Denis Logunov, told Russian media that there were no errors. And he did not intend to respond to the open letter.
Deaths of Young COVID Patients Mirrors Patterns in Adults
The CDC studied the deaths of 121 infants, children and young adults aged 20 and under. These kids died from Covid-19 between Feb. 12 and the end of July. One-quarter of those who died were healthy before being infected. People of color — including Hispanic, Black and American Indian/Alaska Native people — accounted for about three-quarters of the deaths. They represented only 41% of the American population in this age group. So, the pattern was similar to adults – people of color were more affected by COVID.
India Is New COVID Hotspot
On Wednesday, India surpassed five million total COVID-19 cases. This was less than two weeks after it hit the four million mark. India reported its first case on Jan. 30. It’s now the global COVID-19 hotspot with the fastest growing caseload. India’s coronavirus trajectory suggests it may surpass the U.S. within weeks to become the most affected nation globally.
WSJ reports that Airbnb plans a secret +$18 billion IPO. That means the Silicon Valley giant is keeping details 100% confidential. Get details here: Inside Airbnb’s Confidential IPO.
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The Coronavirus Numbers
Here are the numbers from Wednesday at 8 a.m. ET from Johns Hopkins University:
- 29,610,479 Infected Worldwide
- 935,898 Deaths
- 6,606,674 Infected in the U.S.
- 195,961 Deaths in the U.S.
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The coronavirus produced a drastic policy response from the Fed to it. And that is expected to continue.
The result of the Federal Reserve’s two-day meeting will be announced this afternoon.
Futures are pointing to another strong day on Wall Street. That’s because the Fed is expected to keep its aggressive, easy money policy going.
The U.S. dollar continues to weaken, too. Markets are pricing in loose monetary policy for years to come. The dollar is hovering near a two-year low.
The S&P 500 has now risen an incredible 53% since March 23. Much of this rally has been powered by soaring technology stocks.
The S&P 500 index now trades at 22 times expected earnings over the next year.
That is rich. It is a level not seen since the bursting of the dot-com bubble, FactSet data shows.
The former CEO of Citigroup, Chuck Prince, famously said:
“When the music stops, in terms of liquidity, things will be complicated. But as long as the music is playing, you’ve got to get up and dance.”
That’s what Wall Street is doing right now . . . dancing like college students at a dance marathon . . .
Until the music stops.
But no one knows when that will happen.
So, until then, the growth companies – some of which are coming to market now – will continue to do quite well.
Yours in Health & Wealth,