Monitoring Covid-19 pandemic using Big Data from the media

Summary

Media stress, positively correlated with new infections, has eased off lately. Sectors’ stresses vary depending on their nature. Politics is the center of the debate. Media stress related to governments diminishes as they start lifting lockdown measures, but there is a bias between the international and the national one.

Key points

• Key points:
• Media Stress Index is positively correlated with the number of new infected people and has eased off worldwide over the last days.
• Sectors’ stresses exhibit a different response depending on their nature.
• The ECB and the Fed show synchronized responses and People’s Bank of China, which acted earlier, has the highest media coverage.
• Politics is in the center of the debate due to its impact on health and economy. Media stress associated with governments diminishes as countries start lifting lockdown measures and infection shows signs of containment.

• There is a bias between the international and the national media sentiment towards governments’ responses.

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