Support the Wall Street Examiner! Choose your level of support to receive a free proprietary report as my thanks. Click the button below to see your options. Become a Patron!

COVID19 Update: Russia and BRIICS

This is a syndicated repost courtesy of True Economics. To view original, click here. Reposted with permission.

An infrequent update on Russia COVID19 stats:

Liquidity moves markets!

Follow the money. Find the profits! 

Daily Cases and Deaths:


Russia is failing to arrest the new cases curve and the deaths curve, with both series running at elevated levels through July. Thee decline in new cases around the end of June was also associated with a drop in daily deaths. Since the opening up of the restrictions in advance of the July referendum vote, Russian COVID19 cases and deaths have shown disruption in the prior positive trends. Last 7-days average new cases are running at 5,741, which is statistically indistinguishable from the prior 7-days average of 6,197. Similarly, current 7-days average of 132 is materially indistinguishable from the prior 7-days average of 138.

I noted in late June that Russia is rushing into relaxation of restrictions and this is a mis-guided policy decision that seem to have nothing to do with the pandemic dynamics. It appears that my analysis was correct.

Mortality Rates: 

Russian mortality rates are rising, and are now firmly close to the average of the BRIICS economies:

Amongst all countries with more than 25,000 cases (58 countries & EU27), currently, Russia ranks

  • 22nd highest by the number of COVID19 cases per capita
  • 32nd highest by the number of deaths per capita of population
  • 44th highest by the mortality rate (deaths per 1,000 COVID19 cases)
  • Cumulatively, across all three categories of metrics, Russia scores within the 95% confidence interval for the mean score for the group of 58 countries and the EU27.

Wall Street Examiner Disclosure: Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. No endorsement of such content is either expressed or implied by posting the content. All items published here are matters of information and opinion, and are neither intended as, nor should you construe it as, individual investment advice. Do your own due diligence when considering the offerings of information providers, or considering any investment.

Try Lee Adler's Technical Trader risk free for 90 days! Follow the money. Find the profits!

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.