Covington Investment Advisors, Inc. Blog

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COVID-19 Case Growth Update

Case Growth

 

 

COVID-19 cases in the US continue to grow but the encouraging sign is that the case growth rate appears to be slowing down. After reaching a peak on April 4th, shortly after government shutdowns were enacted, new daily cases have been relatively flat. Hopefully as the US continues to follow Italy’s path total cases will also continue to taper off. This slowdown of the virus is key not only for ensuring medical institutions are not overwhelmed but also for being able to reopen the economy.

We continue to monitor these developments and as more information becomes available, we will be sure to keep you informed.

Pat

 

Commentary Disclosures: Covington Investment Advisors, Inc. prepared this material for informational purposes only and is not an offer or solicitation to buy or sell. The information provided is for general guidance and is not a personal recommendation for any particular investor or client and does not take into account the financial, investment or other objectives or needs of a particular investor or client. Clients and investors should consider other factors in making their investment decision while taking into account the current market environment.

Covington Investment Advisors, Inc. uses reasonable efforts to obtain information from sources which it believes to be reliable. Any comments and opinions made in this correspondence are subject to change without notice. Past performance is no indication of future results.

 
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Covington Investment Advisors, Inc.
301 E. Main Street
Ligonier, PA 15658
Phone: 724-238-0151
Fax: 724-238-0148
Email: covington@covingtoninvestment.com