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COVID19: Europe and EU27

This is a syndicated repost published with the permission of True Economics. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

Updating graphs for Europe and EU27 pandemic data through week 17 of 2021:

Click to enlarge

Some good news with a shade of a reality check:

  • New cases are off their Wave 3 highs, solidly so
  • Current case counts are still above Wave 2 trough and well ahead of where they were at the end of Summer 2020.
Similar, but a bit more benign trend in weekly death counts:

 

Click to enlarge

Good news ‘part 3’: mortality rates are declining, again:

 

Click to enlarge

 

While the progress on vaccinations across Europe has been less impressive than desired, it now appears that two factors are driving the end of the Wave 3 of this pandemic:

  1. Vaccinations roll-outs, and
  2. Cumulated effects of recent (and in some countries still ongoing) restrictions.
Let’s hope these trends remain persistent in weeks ahead and the new variants do not show up with resistance to vaccinations.

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