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Slow Burn Likely Until Coronavirus Vaccines Are Widely Available

Resurgences in outbreaks make it clear that ending the pandemic will require more than diagnostic testing, contact tracing, and social distancing.

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Since our May update, U.S. coronavirus cases have surged higher than we expected for several reasons.

  • Initial increases in cases have not been consistently met with a pullback in reopening plans or more aggressive individual efforts at good hygiene, masking, and distancing.
  • The supply of diagnostics has increased, but shortages still exist, and long turnaround times can make results irrelevant unless patients opt to self-quarantine while waiting for results.
  • Contact tracing has been hampered by the sheer number of cases to trace with limited staff, long diagnostics wait times, and poor uptake for app-based tracing technologies.

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Karen Andersen has a position in the following securities mentioned above: DGX. Find out about Morningstar’s editorial policies.