Coronavirus Update: First US Death
The coronavirus continues to spread globally, with the first deaths in the United States, Australia and Thailand, all announced within a 12 hour period on Leap Day. Genuine awareness of the economic threat it poses seemed to sink in during the prior week, manifesting as a panicked sell-off on Wall Street to the tune of 3600 points, some 11% of its volume, the worst week since the financial crisis of 2008. February 27th saw the largest single-day drop in Dow history, shedding 1191 points. Of course, Fearless Leader says it’s just a hyped-up conspiracy by the Fake News Media to discredit him, the Dow drop occurred because investors were depressed by the paucity of viable candidates in the Dem primary (but shouldn’t that make these alleged Trump-lovers happy?), and coronavirus will just “disappear one day … like a miracle.”
