Coronavirus Tapering Off?

We could yet see another leg down for most western stock markets…. For Asia, especially China, the selling is overdone.

Often times, the pandemic whatever pent-up demand will be released to compensate for the loss of production and consumption during the “quarantine period”. The stock markets usually love  disasters….

Pray for all to be healthy and condolences for those who perished.
https://gisanddata.maps.arcgis.com/apps/opsdashboard/index.html#/bda7594740fd40299423467b48e9ecf6




Bottom right corner of the chart below shows that the infection rate has tapered off. 99% of the deaths are from China. Outside of China, which I presume you can trust the data, the death rate is 0.7%, which almost the same as a common flu. The virus appears the most deadly in the epicenter of Hubei. Even outside of Hubei, e.g. Guangdong, Shanghai etc the death rate is less than 10. Recovery rate to death rate has risen above 3x from 1.5x since I started tracking this 2 weeks ago.

The more worrying thing is that infections are still climbing, especially in Singapore. But the “delta” or rate of change is slowing down.




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