America Has 20% of World’s New Covid-19 Cases

new covid-19 cases

The U.S. accounted for 20% of new Covid-19 cases globally on Sunday.

The number of new Covid-19 cases in the U.S. is concerning. The U.S. accounts for just 4.3% of the world’s population. Yet the country has five times more cases than its proportional share.

New Covid-19 cases continued to surge in 22 states over the weekend. And the biggest growth is happening in the South and West.

Meanwhile, Florida surpassed 100,000 cases.

The tug of war between the economy reopening and new cases is causing lots of market volatility.

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New York Enters Phase 2

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The Coronavirus Numbers

Here are the numbers from Monday at 12:30 p.m. ET:

  • 9,101,686 Infected worldwide
  • 471,592 Deaths
  • 2,365,932 Infected in the U.S.
  • 122,318 Deaths in the U.S.

What’s Next

Stocks rose on Monday morning.

The market is trying to balance the reopening of the economy with growing numbers of new Covid-19 cases.

Everyone agrees that there will not be a second shutdown of the U.S. economy. Yet 22 states are now facing growing numbers of new Covid-19 cases.

Without a vaccine the only way to slow the spread is via social distancing. And that means closing businesses and restricting public gatherings.

It’s likely that we’ll continue to see increased volatility in the market. And that will continue throughout 2020.

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Yours in Health & Wealth,

Ian Wyatt

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