Market Intelligence — 20.07.21
Macroeconomics
After appearing to be losing steam, at least in the northern hemisphere, the covid-19 pandemic is, unfortunately, reversing trends in some countries at the moment. Early relaxations and inadequate vaccination, especially among younger people, have caused cases to rise sharply again in many countries. The holiday season and major events such as the European Football Championship also contributed strongly to the spread. The question now remains whether this development will also lead to a new overload in hospitals. Most scientists do not expect to know the answer to this question until the autumn and we should all hope that their fears do not come true. At the same time, it is a shame that those who do not vaccinate without medical justification in privileged countries are not fulfilling their responsibility towards their fellow human beings.
