Covid-19: Update on its Impact on Financial Markets – 7 July 2020

7,271 – 520,000 – 11,000,000 In my newsletter at the start of June I cautioned that as lockdowns were eased globally the following weeks would tell a lot in terms of ongoing infection figures. As the World enters its sixth month of Covid-19, the numbers above represent respectively the daily number of infected in the US, the number of certified global deaths and the number of global infections as at Friday 3rd July. Even then,

Read more

Covid-19: Update on its Impact on Financial Markets – 2 June 2020

“Should I Stay or Should I Go?” Some weeks ago we mentioned the dilemma that politicians worldwide faced on when and how to open up their economies and their communities as the timeline moved on with the virus. Those of you reading this update that are old enough to remember this song from The Clash in 1982 might also remember the line in it of “If I go there will be trouble and if I

Read more

Covid-19: Update on its Impact on Financial Markets – 27 April 2020

The virus persists Boris Johnston has returned to work this morning and on first glance appears to be a far slimmer version of himself from a few weeks ago, evidence, if it was ever needed, of the severity of the personal impact of Covid-19. As at the time of writing the UK has 20,800 deaths which were based on hospital counts of those infected. This figure does not include those from nursing homes which based

Read more

Covid-19: Update on its Impact on Financial Markets – 20 April 2020

What is R0 and why is it important? R0 is a statistical representation that epidemiologists use to describe how an infectious disease spreads through a population. Put simply, the average sick person, in a totally receptive population, must be able to get at least one other person sick (R0 = 1) for the disease to spread. If a disease spreads to fewer than one person, on average, an outbreak can’t happen. So, all epidemics involve

Read more

Covid-19: Update on its Impact on Financial Markets – 13 April 2020

Escaping from the Lockdown In the context of global health and economic history, the Covid-19 economic impact was initially viewed as a short term problem, albeit one with serious ramifications. As the realisation of growing infection and mortality rates take hold political leaders everywhere are now starting to grapple with balancing the medical and social issues against    the economic impact on their own country. There’s now a real concern about whether the medical management and

Read more

Covid-19: Update on its Impact on Financial Markets – 6 April 2020

Some Perspective On The Medical Issues While daily updates in infection and mortality statistics of the virus relay its spread and impact, it is also a record of a global failure in disease control by way of alertness and population monitoring. The official one million mark of cases infected is somewhat misleading as these are the numbers of suspected cases who have tested positive for the virus. It does not include those in the global

Read more

Covid-19: Update on its Impact on Financial Markets – 30 March 2020

What’s Happened on Markets in the Last Week? The Roller Coaster continued and on foot of the governmental stimulus packages, especially the expected sign off by President Trump of the US package, markets recovered some of the falls by Friday’s close. Despite this individual stock markets are still significantly down on their opening values of 1st January. As I write this update at 5.30 pm Irish time, the US Markets have added another 2% gain

Read more