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Friday, November 06, 2020 1:23:31 PM
This could burst rally bubble, caution.....
New coronavirus cases in the U.S. reached staggering highs this week, the second week in a row of record-breaking growth. Hospitalizations rose quickly too, approaching levels that will soon eclipse the spring and summer peaks.
On Wednesday, the country recorded more than 100,000 cases in a single day, a threshold Dr. Anthony Fauci warned lawmakers the U.S. could reach if the virus was not driven down before the winter.
By Thursday, cases had jumped even higher, to more than 121,000 in one day. New U.S. cases are now up 55% over two weeks ago on average.
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