Global V-Shaped Recovery Stopped Dead in Its Tracks

The US State and G8 Mobility Charts have just been updated in the Covid menu.

The U.S has seen a whopping increase in infections across a broad swathe of states since emerging from lockdown :

As a result, US and state economic mobility has taken a huge hit. Although the US is only about 49% of the G8 GDP, there are enough G8 members also taking strain to stall the entire G8 group recovery. Since the G8 represent almost 49% of the world GDP we can assume the global V-shaped recovery has been stopped in its tracks: