Reports now show CONVID-19 Virus Contained in China Allowing Apple to Re-Open all its Stores; Boosting Prospect for US Market Reversal.

investingbulletin

As the new coronavirus continues its attack around the world, tanking markets, cutting off global travel and suspending school for hundreds of millions of children, governments are simply scramble to contain and understand the virus.

However, reports are coming out of China the country that mismanaged the initial outbreak appears to be in control of the virus. The number of new cases reported has fallen dramatically in recent days even as infections are surging in other countries. The World Health Organization has praised Beijing’s response.

“I think they did an amazing job of knocking the virus down,” said Michael T. Osterholm, director of the Center for Infectious Disease Research and Policy at the University of Minnesota.

Now Apple Inc is reopening all 42 of its branded stores in China on Friday, a company spokesman said, more than a month after they were shut in the wake of the coronavirus outbreak. Source: Reuters

This course of action China has taken to combat the virus is roughly 1 month ahead of where the USA is right now. However, now that China has shown how to combat the virus effectively with the use of immense travel bans and quarantines, the USA can now feel some relief that the measures they are taking will be effective.

Leave a Reply

Your email address will not be published. Required fields are marked *

Next Post

Coronavirus Collateral Damage: Which Stocks are now Significantly Undervalued?

#1 Spot: Surge Holdings Inc (OTCQB:SURG). Some company are flourishing even in these highly volatile market conditions. While the majority of companies within a sector is limiting them selves to their respective markets, some companies such as Surge Holdings Inc (SURG) has begun generating outsized revenue growth and market share in large, […]

Subscribe US Now