- JP Morgan research said infection rates had fallen since lockdowns were eased
- It suggested the virus ‘has its own dynamics’ which are ‘unrelated’ to lockdowns
- Report said they were imposed with little thought of ‘economic devastation’
![Infection rates after national lockdowns were lifted](https://evidencenotfear.com/wp-content/uploads/2020/05/Daily-Mail-JP-Morgan-Lockdown-IR.jpg)
![R0 during and after lockdown by US state](https://evidencenotfear.com/wp-content/uploads/2020/05/Daily-Mail-JP-Morgan-Lockdown-R0.jpg)
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LOCKDOWNS have not altered the course of the coronavirus pandemic but have devastated the global economy, a study by JP Morgan has claimed.
A paper by Marko Kolanovic, a strategist at the investment bank, argued that governments were “spooked” into imposing lockdowns that were “late” or “inefficient”.