Chances of a Second Wave of Coronavirus Scares Some Investors
Posted on 05/11/2020
Global lockdowns have frozen economies around the planet. The Wuhan government reported its first cluster of coronavirus infections since a lockdown on the city. With a population of 11 million people, Wuhan is the epicenter of the viral outbreak in China. There were five new confirmed cases, all linked to the same housing compound.
Recently, The Walt Disney Company reopened its Shanghai Disneyland park to a reduced number of visitors.
There was also an increase in coronavirus cases in Germany and South Korea. A second wave of coronavirus accompanied with prolonged lockdowns would be a disastrous outcome for many companies.
According to the popular John Hopkins Coronavirus dashboard, 4,142,970 confirmed cases of coronavirus were logged globally, while the U.S. confirmed 1,334,951 cases.