Markets seem to have rallied a bit off the back of Trump...

Markets seem to have rallied a bit off the back of Trump insisting that the US won't close down.
But Trump cannot mandate that the virus stops spreading.
But with the US now the highest infected country and climbing rapidly, not closing the US will only cause catastrophic failure of the hospital system. Its coming. Once that happens the economy shuts down anyway, because of the pressure from the population to do so.
The worst is not over yet and won't be until we are counting the damage of an extended US shutdown