April 17, 2020

Pause for (sobering) thought

Share on facebook
Share on twitter
Share on linkedin
Share on email

In Kürze

China’s official NBS PMIs bounced back in March. The manufacturing PMI rose to 52.0, up from 35.7, while the non-manufacturing increased to 52.3 after 29.6 in February.
Pause for (sobering) thought
Share on facebook
Share on twitter
Share on linkedin
Share on email

It Ain’t Over Till It’s Over. The coronavirus contagion continues to slow, but it is not a straight line to zero. In the two weeks to 10 April, the daily growth in the total number of recorded cases globally had slowed linearly from about 12% to 6%. But over the past week that pace has lost just over one point (now below 5%). Unfortunately the decline towards 0% is likely to be asymptotic. And until the number of new cases falls to a very low level, it will be hard to ease the lockdowns measures. The risk indeed is that a second wave of infections would cause more deaths and force society back into severe lockdown.

PAUSE FOR (SOBERING) THOUGHT

Also interesting

China-flag-with-indicators-and-chart
16. April 2021
Market Commentaries

China’s Q1 GDP growth: Strong year-on-year growth amid weak momentum

size 3
15. April 2021
Market Commentaries

COVID-19 UPDATE Facts & Figures

brainstorming-concepts
15. April 2021
Press Releases

Generali Investments Partners: Sycomore AM funds now available through CheBanca!