Taking account of the fact that China's infection numbers cannot be trusted, and that the developed worlds numbers should prove more accurate at least in the early stages of the pandemic. Though we still have two gaping black holes on the world Map i.e. Africa and Central & South America where the comings and goings of upwards of 1 million chinese workers across the continents will likely have infected many thousands of people that as was the case with China will largely remain unrecorded, but will result in a a sharp spike in the numbers of deaths at some point. Thus the primary objective of this analysis is to forecast the reported numbers of infected. In respect of which my forecast as of 12th of February concluded in expectations for the then number of 500 infected to increase to a total of approx 129,250 by the end of March 2020, as the rate of increase was expected to go parabolic during March..

The latest data, which despite proper a record of African and the South Central America's numbers does have the official number of infections is literally going Parabolic, soaring by over 1735 overnight to 10,298 to well above my trend forecast that projects to an official tally of 129,250 infections outside China by the end of March 2020.

	Infections
Forecast for 2nd March	5,442
Actual - 2nd March	10,298
% Diff	190%

Were this trend to continue into the end of March 2020 then the number of infected outside of China would total 245,000, which would not bode well for what was to come for April and May 2020 (much higher humber's). Whilst the number of deaths could be estimated to be at least 15,718 based on a case fatality rate of 0.64% as per the conclusion of my analysis of 21st Feb.

South Korea Infection Spread Warning

Whilst reliable South Korean data warns of literally exponential spread of the coronavirus in the early days of outbreaks, where R0 rather than being 2 to 2.6 as being the consensus view instead South Korean data calculates R0 to 4.6! Literally explosive growth in the number of infections before a nations healthcare system is able to respond, this explosive early growth is likely as a consequence that those infected can be asymptomatic for between 3 and 7 days and a few super spreads for as many as 14 days! Who unbeknown are literally infecting dozens of people per day who themselves go onto infect several each..

Stock Market Trend Implications

My stock market analysis and trend forecast BASED on my Coronavirus analysis of late January was first made available to Patrons who support my work. That basically WARNED to expect THIS decline on the 9th of February! Will CoronaVirus Pandemic Trigger a Stocks Bear Market 2020?

Whilst my latest update of what to expect has first been made available to Patrons who support my work - The Coronavirus Stocks Bear Market Begins, When Will it End?

So for immediate first access to ALL of my analysis and trend forecasts then do consider becoming a Patron by supporting my work for just $3 per month. https://www.patreon.com/Nadeem_Walayat.

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Nadeem Walayat

http://www.marketoracle.co.uk

Nadeem Walayat has over 30 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

Nadeem is the Editor of The Market Oracle, a FREE Daily Financial Markets Analysis & Forecasting online publication that presents in-depth analysis from over 1000 experienced analysts on a range of views of the probable direction of the financial markets, thus enabling our readers to arrive at an informed opinion on future market direction. http://www.marketoracle.co.uk

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