Get as many data points as you can to guide your trading, COVID is deadlier to the financial markets than to humans. A 1-3% mortality rate virus should not be called a Pandemic. What is a 50%+ mortality rate "Pandemic" called then? SuperPandemic? MortalPandemic. Anything less than 5% MR should have a "Mini-Pandemic" monicker. Still deadly but not "you WILL DIE" if you get it.
As well, Nearly 1.25 million people die in road crashes each year, on average 3,287 deaths a day. Just under 1000 deaths total in the US up to today? As the market priced the deaths in? Yes. Now, people are looking past the fear and looking at the real numbers.