There have been 3.5 million confirmed cases of COVID-19 worldwide with 1.1 million recoveries and 250,000 deaths.
Globally there are about 80,000 new confirmed cases every day. This number peaked at 85,000/day in mid-April, dipped to 75,000/day last week and is on the rise again.
Globally new deaths have fallen to about 5,000 per day. This number peaked at about 7,000/day for two weeks in mid-April and has been slowly declining.
In the United States there have been 1.1 million confirmed cases, 180,000 recoveries and 69,000 deaths. New cases fluctuate at around 25-30,000/day and new deaths have fluctuated at around 2,000/day for the last month.
Oil trades at $24 a barrel – up from a low of $12 two weeks ago but down from around $60 it traded at before the virus, the price-war, and the OPEC productions cuts.
The Dow Jones is at DJIA 23,664 – 29,500 in mid-February
The S&P500 is 2,848 – 3,386
-CB
Wednesday, May 6th, 2020
Trump defies experts in reportedly thinking coronavirus deaths are overcounted A senior Trump administration official told Axios he expects President Trump to begin publicly questioning the coronavirus death toll in the United States. Experts mostly agree the data isn’t accurate, but for the opposite reason — the consensus is that deaths are being undercounted, while the official said Trump and some of his aides think the numbers are inflated. There’s no evidence the number of fatalities has been exaggerated. Other officials say Trump doesn’t think the numbers are fraudulent, but that the lack of “uniform reporting standards in the United States” means the data is murky. That may be true, but most experts are concerned about how many coronavirus deaths have been missed due to lack of testing, rather than added unnecessarily. Source: Axios
Trump reverses, says coronavirus task force will ‘continue on indefinitely’ The New York Times reported on Tuesday that the White House was looking to “wind down” the coronavirus task force, and Vice President Mike Pence confirmed that this would potentially happen within weeks, but President Trump seemed to walk this back on Wednesday morning. Trump tweeted that “because of [the group’s] success, the task force will continue on indefinitely,” though with a “focus on SAFETY & OPENING UP OUR COUNTRY AGAIN,” as well as vaccines and therapeutics. An official told Axios that the task force will “continue providing input, though the group will not be meeting in person as regularly as the focus changes toward vaccines, therapeutics, testing, and ultimately reopening the economy.” The official also insisted this “does NOT mean doctors are being removed from the equation.” Source: Axios
https://www.businessinsider.com/coronavirus-second-and-third-wave-of-pandemic-is-now-likely-2020-5
https://www.businessinsider.com/coronavirus-china-accuses-uk-of-cold-war-mentality-towards-beijing-2020-5
artificial stupid 