See our Coronavirus data Dashboard for individual country data. COVID-19 statistics and cases around the World Europe Latin America United States Israel More COVID-19 Statistics and Analysis See our latest blog posts or podcasts here. See our Coronavirus data Dashboard for individual country data Data sources This is a list of some of the
Yesterday I noted that the latest research on vaccine efficacy coming out of the UK is very encouraging. The vaccines are working better than expected from lab tests and once fully immunised even virus variants are heavily retarded. Today Nordea looks at the timetablele for rollout and reopening: Key takeaways from the analysis 35-37% of
Key points from the UK’s COVID Symptom Study: No vaccines contain COVID-19. Pfizer better than AZ in infection risk reduction after one shot but both good: 90% reduction in hospitalisations. “Definite immunity” still a work in progress. Variants are “clobbered” by the second dose of vaccines. South African version definitely and probably Brazilian. Single-dose still
Mizuho with the warning: We have made it a habit, early every Monday morning, to review the global status of the COVID-19 pandemic, based on figures listed on the Johns HopkinsUniversity web site. We want to know whether rise in new infections is accelerating or slowing down. We are particularly interested in whether any specific
Natural selection is a beast. The moment we get individual or herd immunity and natural selection goes to work on finding a way around it. The FT is reporting on a new COVID variant from Brazil that is spooking medicos: First detected in November it has now spread to 35 countries. 25-61% of previously infected
See our Coronavirus data Dashboard for individual country data. COVID-19 statistics and cases around the World Europe United States Brazil Israel More COVID-19 Statistics and Analysis See our latest blog posts or podcasts here. See our Coronavirus data Dashboard for individual country data Data sources This is a list of some of
BofA: In a normal business cycle recovery, the economy gradually returns to full employment, causing a lagged return of inflation pressure. This gives monetary and fiscal authorities’ time to recalibrate policy before there is serious overheating. This cycle looks far from normal: Super easy monetary and fiscal policy suggests the fastest business cycle recovery since
Israel has become somewhat of a global experiment on the global COVID vaccination front. It has rolled out vaccines at the fastest pace in the world, with around half of Israel’s population having received the first dose of Pfizer’s two-shot regime and around one-third having received both shots. The initial results are promising with two
See our Coronavirus data Dashboard for individual country data. COVID-19 statistics and cases around the World Europe Just a month ago the UK and Ireland had the highest infection rates in the world but COVID cases have fallen significantly. United States Israel More COVID-19 Statistics and Analysis See our latest blog posts or
In late 2017, the Canadian Government launched a massive increase in the country’s immigration program, announcing that one million migrants would be let in over the following three years, with an annual migrant intake of 340,000 considered the “new normal”. Canada’s immigration minister, Ahmed Hussen, claimed the new targets would lift immigration to nearly 1%
ZH has a great summary of the BofA fundie monthly: Below we present some of the highlights from the latest FMS, which finds that a record number of investors are taking “higher-than-normal” risk, up to 25% in February the highest on record… … for the following reasons: Net 91% of investors now see a stronger economy
See our Coronavirus data Dashboard for individual country data. COVID-19 statistics and cases around the World Europe United States Israel More COVID-19 Statistics and Analysis See our latest blog posts or podcasts here. See our Coronavirus data Dashboard for individual country data Data sources This is a list of some of the main
Has COVID-19 killed recessions? It’s a fascinating question. Let’s hope not because they are vital to advancing living standards as they sweep out the capital misallocation of the cycle and help drive productivity growth. Deutsche Bank muses: So aggressive has been the policy response that the US Covid recession is likely to be the shortest
Dr Mary-Louise McLaws from the University of New South Wales estimates that at least 90% to 95% of Australians would need to receive a COVID-19 vaccine in order to combat new strains of the coronavirus. She adds that achieving herd immunity would require up to 190,000 Australians to be vaccinated every day. Meanwhile, infectious diseases
For years, MB has campaigned for higher wages on the basis that it is what capitalism needs to survive. This position is based on sound economics, that is higher wages drive productivity gains, the longer-term input of rising living standards. And the understanding that unfettered capital chasing ever lower-wage jurisdictions is a race to the
Goldman is turning uber-bullish on Planet Earth: After the slower-than-expected start in December and early January, global vaccinations have picked up roughly in line with our forecasts over the past month. However, there is still a lot of room for improvement. In the US, the problem has been largely distribution; by our estimates, only about
At FTAlphaville We’d like to draw your attention to two articles that have recently graced FT.com. Here’s the first, from the FT’s German industry correspondent Joe Miller, which appeared online earlier today: German carmakers are considering building up semiconductor stockpiles to prevent a repeat of the crippling chip shortages that brought assembly lines to a
See our Coronavirus data Dashboard for individual country data. COVID-19 statistics and cases around the World United States In the rest of USA cases are declining, including in New York, California and Florida. Israel More COVID-19 Statistics and Analysis See our latest blog posts or podcasts here. See our Coronavirus data Dashboard for
Via GaveKal: It is looking likely that most countries will miss their Covid-19 vaccination targets for 2021. This creates a risk of slower than expected economic growth, especially in Europe where renewed lockdowns have forced the region into a double-dip recession, from which it may start to emerge only around midyear. Moreover, any activity dependent
See our Coronavirus data Dashboard for individual country data. COVID-19 statistics and cases around the World Europe United States Israel Brazil and South Africa The new strains found in Brazil and South Africa led to a rise in cases in both countries. South Africa appear to be over the worst of it but cases remain
Via Goldman: Our global GS Effective Lockdown Index (ELI) – a combination of official restrictions and actual mobility data from 46 economies, weighted by PPP GDP – tightened in the third week of January. Using our estimated relationship between the GS ELI and real activity, we see an ELI-implied hit of nearly 10% ELI-implied hit
See our Coronavirus data Dashboard for individual country data. COVID-19 statistics and cases around the World Europe United States US COVID-19 deaths compared to other major events COVID-19 deaths in the US have now surpassed the number of American military fatalities during World War II. Israel More COVID-19 Statistics and
See our Coronavirus data Dashboard for individual country data. COVID-19 statistics and cases around the World Europe United States Israel and UAE Over 20% of Israel’s population have received at least one vaccine dose and the UAE have provided one vaccine dose to 13% of the population in just 4 days. In comparison, the
Via Goldman come a few charts. The answer is a lot: Nearly 10% in fact: With Europe the leading laggard: Bring on those vaccines.
See our Coronavirus data Dashboard for individual country data. COVID-19 statistics and cases around the World Europe United States Death Rates More COVID-19 Statistics and Analysis See our latest blog posts or podcasts here. See our Coronavirus data Dashboard for individual country data Data sources This is a list
Forget Bitcoin – the real bubble is in stocks. According to the latest missive from Jeremy Grantham as he warns how dangerous the rise in equity values around the world but especially on Wall Street, which he equates to as big or even bigger than the 1990’s tech led bubble : The long, long
Reuters has posted a good explainer on the new COVID strain sweeping through Britain, which has prompted some neighbouring European nations to shut trade links to prevent transmission. The Cliff Notes summary is that this strain is far more infectious than other strains, but not more lethal. Vaccines are also thought to protect against this
See our Coronavirus data Dashboard for individual country data. COVID-19 statistics and cases around the World Europe in Christmas lockdown United States More COVID-19 Statistics and Analysis See our latest blog posts or podcasts here. See our Coronavirus data Dashboard for individual country data Data sources This is a list of some of the main
Via Goldman: Focus is likely to intensify further on Georgia’s two Senate runoff elections, which will determine control of the Senate. We look here at the implications for key assets of a shift from the current Republican Senate majority to Democratic control of the Senate, using the same cross-asset approach that we have used to
Via Goldman: This note expands our monthly forecasting vaccination model by including the major emerging markets and the ten leading global vaccine candidates. Global vaccine supply is likely to become plentiful. Achieving the top-10developer production targets would deliver enough doses to vaccinate 85% of the world’s population in 2021. Although DMs currently hold the largest
