Rising daily tally in the UK
- Cases up 570 compared to a week ago
- Deaths 11 vs 18 a day ago
The UK is getting some attention today for requiring 14-day quarantines for visits to France. The takeaway is that people may spend more money at home.
However if cases continue to rise, they may be locked back down.
I believe there is a strong political risk in second waves. The public will forgive the first wave but will punish politicians if there is a second. Boris Johnson has a long lead time until the next election so it's less of a factor in the UK, but my baseline is that officials will be overly quick to lockdown in second waves, because of political risk.