> But this is a result of the pandemic and shouldn't be taken as a direct indicator of economy health. I don't follow the logic here. Suppose a pandemic wipes

> But this is a result of the pandemic and shouldn't be taken as a direct indicator of economy health. I don't follow the logic here. Suppose a pandemic wipes out 50% of the world population. The economy would collapse. You wouldn't say what you said if that happened. The health of an economy is affected by real world occurrences, it is in fact nothing more than a measure of the aggregate cumulative things happening in the world. A shock is a shock no matter what causes it, crises are crises precisely because something unexpected caused them.