Commonwealth CIO Brad McMillan says the coronavirus is surging, but it’s not out of control (yet). : If this is your first time registering, please check your inbox for more information about the benefits of your Forbes account and what you can do next! Recently, the headlines have been all about the rising number of new coronavirus cases. As of July 16, we hit a new high—more than 78,000. This number is up from a daily increase of 61,000 a week ago and 25,000 a month ago. Things look like they are getting much worse.