Is the pandemic easing off? | Opinion | ING Think
When Covid-19 was still a new thing, and we were all still referring to it as nCov, the received wisdom was that markets would rally once the second derivative of the new case numbers began to decline. In other words, when the acceleration lessened. Right now, globally, the numbers of confirmed cases daily are declining, the 7-day moving average is dropping, as are the new deaths figures - which is a lagging indicator, but nonetheless, a useful back up that the new cases figure is being reported accurately, or at least, that the error of reporting is systematic and not trending. That is almost as good.
