Until countries around the world all have a vaccine for the coronavirus, the stock market will continue to be a very dangerous gambit for long-side traders.
As new coronavirus infections surge, governors and local authorities imposed additional restrictions on Tuesday, July 28, 2020, and a powerful teachers union warned that its members would strike if ordered to return to unsafe schools this fall.
Dr. Fauci said on Good Morning America, “We just can’t afford, yet again, another surge.” A few hours later, Ohio Gov. Mike DeWine (R) said Fauci’s appraisal was correct as he announced limits on county fairs, barring grandstand events, rides and games. He noted that emergency visits are decreasing and new cases have plateaued, but hospitalizations are on the upswing.
Just when it seemed that Europe was getting to grips with the coronavirus pandemic, Covid-19 appears to be spreading again. Germany is a perfect example where its center for disease control, the Robert Koch Institute (RKI), on Monday said that a recent spike in cases was “very disturbing.” Germany was the poster-child in Europe for how to handle the coronavirus outbreak but as soon as they reopened parts of their economy, their COVID-19 cases count surged higher.
Catherine Bennett, chair in epidemiology at Deakin University, looks at the coronavirus outbreak is Australia. The number of confirmed cases in the country stands at 14,935 and fatalities reached 161 as of 7:30am Sydney, according to data collected by Johns Hopkins University and Bloomberg News. Victoria state recorded 532 new Covid-19 cases Monday as authorities struggle to bring a second wave of infections under control. Bennett speaks on “Bloomberg Daybreak: Australia.”