U.S. health officials’ earlier dire warnings about the spread of Covid-19 have now become a reality as total deaths from the disease have surpassed 280,000, total known infections are on track to top 15 million in just days, and the daily tally of new cases is surpassing 200,000.
On Saturday alone, the U.S. saw nearly 214,000 new coronavirus diagnoses and 2,254 new deaths, according to data from Johns Hopkins University.
For comparison, the U.S. in the past two days has added as many new cases of Covid-19 as the total in Canada since the pandemic began. The U.S.’ total daily case count is also far surpassing the total seen in nations such as Japan — which had fewer than 163,000 total known diagnoses at last count and yet has been ringing alarm bells about its current surge. Read more…..
Chart of the Day
Jim Chanos, Kynikos Associates founder, joins ‘Fast Money Halftime Report’ to discuss how to watch the stocks amid the coronavirus pandemic, how the gig economy will not scrape by unharmed from the outbreak and some of his stock picks.