Saturday, May 30, 2020

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

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