Nicola Borri Profile picture
empirical asset pricing | quantitative finance | fintech @ Luiss University (Rome) https://t.co/wGCDGCW0Gc

Mar 25, 2020, 6 tweets

My #COVID19 update for #Italy as of March 25 -- [thread]
It seems that the lockdown measures are finally working and the positive trend of the last few days is confirmed. In the mean time, as always, #StayAtHome #staystrong

1/ New infected +5,210 -- Total infected +3,491 (+6.5%) -- Deaths +683 (10%). All these number confirm the slow down in the growth rate of the virus spread (downward trend visible in the figures)

2/ Growth rate of number of tests increased (+9.3%) and positive-test ratio dropped to 19%.

3/ I find it particularly encouranging the further slow down in the growth rate of total people in ICU (+2.7%). Given the saturation of many hospitals, especially in the North, this is very good news

4/ Numbers at the regional level (for both deaths and number of positive) are good. All regions seem now following same trend. After two weeks or so of lockdown, this seems evidence of its positive effects (i.e, all regions become more similar).

5/ Finally, also in my recap figure, you can now spot the change in the slope of the total cases curve which is starting to resemple a logistic. We might have passed, or be close, to the peak. In mean time, it is important to keep following all safety measures and #StayAtHome

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