There have been four million confirmed cases of COVID-19 worldwide with 1.3 million recoveries and 275,000 deaths.
Globally there are about 90,000 new confirmed cases every day. This number peaked at 85,000/day in mid-April, dipped to 75,000/day two weeks ago and is on the rise again.
Globally new deaths are up to 5,500 a day having fallen to about 5,000 per day last week. This number peaked at about 7,000/day for two weeks in mid-April.
In the United States there have been over 1.3 million confirmed cases, over 200,000 recoveries and 78,000 deaths. New cases fluctuate at around 25-30,000/day and new deaths have fluctuated at around 2,000/day for the last month.
In Massachusetts the situation looks somewhat promising. Massachusetts has one of the highest rates of confirmed cases of the virus in the United States if not the world. Only New York State, and New Jersey have more infected populations. Massachusetts has also done more testing per capita than anywhere besides New York State and Rhode Island.
I highly recommend the full daily Massachusetts COVID-19 Dashboard which runs to 30 pages of details and statistics. It is very good. It provides clues and answers that are not available in other regions and countries like, say, China.
The rate of new cases in Massachusetts is gradually declining.
The number of deaths has also peaked at about 200 per day in mid-to-late April. It appears to be down under 150 per day.
Testing capacity has increased steadily to over 10,000 tests per day on average. But more importantly the percent of positive tests has fallen from a peak of around 25-30% to a level under 15%. As the amount of testing goes up while the percentage of cases found goes down it is a clear indicator of the virus becoming less prevalent within the overall population.
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 24,300– down only 17% from its highs around 29,500 in mid-February
The S&P500 is at 2,930 – down only 13% from its highs around 3,386 in mid-February
–CB
Saturday, May 9th, 2020
11 critical, unanswered questions about the coronavirus and COVID-19
Important Updates on Brazil and Europe
“Brazil surpassed the U.K. in fatalities, and infections tripled in the past two weeks, as officials warned the numbers are likely higher given the low level of testing. Spain, Portugal and Germany reported upticks in new cases as lockdown measures eased. China, the ground zero for the pandemic, reported a new imported case and 15 asymptomatic cases.
U.S. unemployment reached the highest rate since just after the Great Depression as cases rose 2.3%. New York City will hire 10,000 people for an unprecedented effort to trace contacts by people infected with the virus.
European Central Bank President Christine Lagarde said politicians must unite to fight the virus’s economic damage. The U.K. government dampened expectations the lockdown will be significantly rolled back as scientists warned the infection rate has crept higher in recent days.”
The U.S. unemployment rate hits 14.7%, the highest since the Great Depression, mainly due to job losses from the COVID-19 pandemic. (The Washington Post)
Microsoft announces a $1.5 billion investment in Italy, as part of its expansion of cloud computing services around the world. (Reuters)
Kuwait announces a total curfew lasting from May 10 to May 30, as part of new measures to prevent the spread of the virus. This comes after the Health Ministry confirmed 641 new COVID-19 cases, the highest daily increase to date. (Gulf News)
Some other interesting stories:
https://www.businessinsider.com/scott-galloway-jeff-bezos-revealed-fourth-great-unlock-2020-5
artificial stupid 