COVID-19 Cases Continue to Fall in China, Rise in the U.S.
While the COVID-19 coronavirus is spreading within the United States, leading to lots of unsettling news, a way past the crisis appears to have been laid out where it was first identified in Wuhan, China. On Jan. 23, the Chinese government effectively shut down Wuhan and Hubei province, forbidding people to travel outside of their homes, and building makeshift hospitals in a matter of days.
In the U.S., various states are now implementing emergency measures, and this is making market participants uneasy. On Thursday, U.S. stock markets sold off more than any other day since the crash of 1987.
Though the COVID-19 disease is just hitting much of the Western world in force, there was further good news out of China on Thursday, leaving some medical officials optimistic that the pandemic will end in a few months. Moreover, the current U.S. policies, though seemingly harsh, should help get America toward a similar result.
Source Fool.com
