Die Another Day
James Hamblin in The Atlantic: You’re Likely to Get the Coronavirus. That doesn’t mean you’re going to die. You may not even feel very sick. That’s part of what makes this fledgling pandemic so dangerous. “The disease (known as COVID-19) seems to have a fatality rate of less than 2 percent—exponentially lower than most outbreaks that make global news. The virus has raised alarm not despite that low fatality rate, but because of it.”
+ Julia Belluz on the changing infection numbers that finally got the market’s attention. “We are at a turning point:” The coronavirus outbreak is looking more like a pandemic.
+ “‘The market had been sanguine about the spread of the coronavirus,’ said Quincy Krosby, chief market strategist at Prudential Financial. ‘That sanguine stance is being tested today.'” After a remarkably long bull run, the sanguinity just got kicked out of most of our stock portfolios. CNBC: Dow plunges 1,000 points, gives up gain for the year.