CNBC reports that the United States has the worst Covid-19 outbreak in the world with over 5 million cases, according to Johns Hopkins University data.
The most recent grim record comes as growth from new cases in the U.S. seems to be leveling off in a mean of age 54,235 new infections per day during the previous week, as reported by a CNBC evaluation of Hopkins’ data. New instances peaked at 67,902 new cases on July 19, according to a average, following a resurgence of coronavirus cases torn through the Sun Belt states in June and July.
California and Florida have reported over 500,000 total cases since the epidemic struck the U.S. in late January and Texas is closely approaching the amount. Total instances for each nation now transcend New York, which was considered the epicenter of the nation’s outbreak earlier this season.
But, those countries have reported far fewer deaths than the Empire State, which has dropped over 32,000 individuals into the coronavirus up to now, according to Hopkins.
Meanwhile, President Donald Trump has continued to press countries to reopen.
“Lockdowns do not prevent infection in the future. They just don’t. It comes back many times, it comes back,” Trump said in a media briefing Monday.
Investors are banking on a continuation of the economic recovery and these opinion is maintaining the bull healing trend intact.