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:
- 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
- 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.
