By Sam van de Schootbrugge 01-10-2020

Mobility And COVID-19 Cases Are Correlating With Equities

(2 min read)
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Summary:
• Deaths reach 1 million, placing COVID-19 among the top 20 deadliest pandemics
• Average daily deaths are now higher than most leading causes of mortality
• UK and EU second waves appear more severe than the first, but this is probably false
• Mobility and COVID-19 caseloads are correlating with equities in a direction we would expect

Deaths Reach 1 Million

The world registered its official millionth death on 28 September 2020. This grim statistic comes 252 days after China registered the first confirmed death in January. The first 100,000 deaths took 79 days to reach, while the last 100,000 came in just 19 days. The weekly rate of change, however, has remained relatively constant since July (Chart 1A).

The number of COVID-19-related deaths is of global significance. WHO’s latest detailed figures on annual cause-specific mortality for 2016 show that, if the pandemic had struck four years ago, its average daily deaths would have been the second leading cause of mortality (Chart 1B). Also, the current death figure represents 0.01305% of the world’s population, placing it 20th on the list of the world’s deadliest pandemics (Chart 1C).

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