The lockdowns that have "destroyed millions of livelihoods" worldwide have had no impact on the spread of the novel coronavirus, according to a study by JPMorgan Chase. The report cited falling infection rates in places where the lockdown has lifted, concluding the virus "likely has its own dynamics," which are "unrelated to often inconsistent lockdown measures."
The report noted the "R" rate -- the number of people that a single infected person will go on to infect -- has continued to fall in countries such as Denmark since the reopening of schools and shopping malls.
In the U.S., states such as Colorado, Iowa, Alabama, Wyoming, Wisconsin and Mississippi have had lower "R" rates since lifting lockdowns.
