COVID-19 SCARE: FEAR SELLS

The next time you go to the grocery store for items such as toilet paper or other essentials, get ready to see stores implementing purchase limits, which they say will help prevent another run like in the beginning days of the COVID War.
The Wall Street Journal reported on Saturday chains like Kroger and Publix Super Markets put the limits back in place as the nation reels in fear because of reports of virus cases at their highest levels. The Johns Hopkins University Coronavirus Resource Center reported 184,000 new cases in the U.S. last Friday, which was the fourth-straight day there was a record number of infections.
NPR said one in 378 people in the U.S. were diagnosed with the virus over the past week.
The report said last week’s hospitalizations have also increased to 67,000 patients. (The peak in the spring was about 60,000 hospitalizations, the report said.) There is also fear the country may have to absorb a nation-wide lockdown under a Joe Biden administration.
Some of the items that are already seeing a boom include disinfectant wipes, face masks, and bleach, the Journal reported. The paper also pointed out that food manufacturers in the country have still not re-supplied stockpiles of items like pasta and canned food.
Mike Brackett, Founder and CEO of Centricity Insights, a company focused on cloud-based customer analytic platforms, told Good Morning America last week, “We absolutely are starting to see shortages again.”
“We think that there’s going to be a lot of limits, that retail level that will hopefully help mitigate that, too, earlier to allow the lack of stockpiling that we saw before,” said Brackett.
TREND FORECAST: With the 24/7 media fear reporting the escalating “cases” and draconian lockdown measures being imposed by politicians, more people are afraid to go out and have fun. Indeed, partying is prohibited.
 Restaurants, travel, tourism, hospitality, entertainment, trade shows, conventions, etc., which have been economically devastated by the launch of the COVID War last February, will sink deeper into desperation.
And, as with the Soviet Union, when production and products were limited, so, too, it is in the United Soviet States of America, where the supply chains have been disrupted. Fewer essential products equals higher profits as demand outstrips supply.