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COVID19: Europe and EU27

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

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


Now The Balance Begins To Shift

The balance between QE and Treasury supply will begin to shift in July. The underlying bid it has provided for stocks and Treasuries will begin to fade.

This report tells why, and what to look for in the data and the markets.  GO TO THE POST


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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:

 

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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.

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.

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