Your base case scenario should be that this will be globally widespread. The tipping point was when Iran became an epicenter. This is problematic because of its porous borders with countries with weak government.
The good news is the virus is not too risky for an individual, excepting those who are old and with pre-existing conditions. The bad news is that there will likely be a lot of deaths in aggregate, globally. The other bad news is that the virus has been highly disruptive socially and economically in every country when the infection rate has started to climb.
The best we can do is calmly make preparations for how things will change.
The good news is the virus is not too risky for an individual, excepting those who are old and with pre-existing conditions. The bad news is that there will likely be a lot of deaths in aggregate, globally. The other bad news is that the virus has been highly disruptive socially and economically in every country when the infection rate has started to climb.
The best we can do is calmly make preparations for how things will change.