Summary
• European countries imposed new restrictions over the festive period following a sharp rise in cases. As a result, Germany now has the highest Stringency Index score out of the 50 countries we track.
• Israeli data shows the importance of Covid boosters. It significantly reduces the chance of vaccinated individuals developing severe disease. It does not, however, prevent mild Omicron symptoms as well as it did for Delta.
• High immunity in the UK has prevented hospitalisations from rising at the same pace as in the US and European countries.
This article is only available to Macro Hive subscribers. Sign-up to receive world-class macro analysis with a daily curated newsletter, podcast, original content from award-winning researchers, cross market strategy, equity insights, trade ideas, crypto flow frameworks, academic paper summaries, explanation and analysis of market-moving events, community investor chat room, and more.
