29/5/20: COVID19: Worldwide Cases and Deaths

There is still no signs of slowdown in the number of daily reported infections in the worldwide data for COVID19. In fact, 29/5/2020 marks the new all-time peak in the rate of new cases additions:

Aptly, with a lag, trends in daily reported deaths are starting to show signs of potential reversal from the recent lows:

Huge caveats worth keeping in mind in the above data interpretation, including the facts that:

1. More recent vintages of cases has been shifting to countries and regions with weaker public health systems, resulting in potential decline in testing rates, accuracy and reporting; and
2. Data for COVID19 is severely VUCA in its nature, as discussed here: https://trueeconomics.blogspot.com/2020/05/29520-covid19-data-one-hell-of-mess.html.