Monday Evening Coronavirus Roundup, 2983
Good evening, I’m still reporting on coronavirus.
Ok, let’s go right to the numbers.
Unfortunately, this morning’s screenshot from the Johns Hopkins site was lost, so here we are 36 hours since Sunday’s screenshot, so we’ll interpolate.
Although this is more imprecise than usual, the average increase per day equals 1129, or 38.2%. That’s a doubling rate of 1.83 days. That compares to the previous period of 1.96 days. It’s a little worse, but not a lot worse; but considering the uptick in testing, this may represent a leveling off, or even a decline in the doubling rate. Remember, we are not talking about new cases decreasing, we are talking about the rate of increase may be about to increase. If memory serves in calculus, this is called the 2nd derivative – the rate of change. When this thing starts to turn down, the rate of change is where you will see the first inklings of victory over virus..
I’ll analyze the numbers from the worldometer.info site tomorrow morning.
Other Coronavirus news is that 6 vaccines are about to move into human trials, and the first person received the first test vaccine today. Dr. …. Explained this on Tucker this evening.
On the dreary side, the entire city of San Francisco has been ordered to shelter in place tonight until April 7. Now that’s going to be hard to enforce.
On the economic front, despite the Federal Reserve lowering interest rates to zero, and pledging to inject $700 billion dollars into the bond market, the stock market took its second-worst dive in history today – down some 3,000 points.
However, the good news is at this hour, late on Monday night, DOW futures are up1.5%, perhaps signaling a recovery tomorrow morning. One thing is for sure. It may be tomorrow or the next day, or a week from now, but this downturn is going to come to an end in the stock market and since it is in NO WAY justified by the economic fundamentals of the U.S. economy, when it snaps back, it will zoom to new records in a few days. This is a great time to buy stocks.
But beyond an immediate profit in the stock market, this is the perfect time to for the President to re-issue U.S. Notes, putting at least a portion of the money supply in the hands of the U.S. Treasury, instead of in the hands of the Fed. Why? Because the Fed is NOT a part of the government. It is a private corporation and thereby must act in the best interests of their shareholders – primarily the banks – not in the interests of the American people. But we’ll have more on that tomorrow.
Lastly, the president has changed up the coronavirus guidelines for the United States. It’s an emergency program attempting to bend the curve of the spread of the virus over the course of the next critical 15 days.
He has asked that we reduce the number of recommended group gatherings to 10 or less for the next 15 days.
I know, that will affect church services, but most churches have an online presence now, so maybe this is the time to try a livestream for the next two weeks.
Fifteen days from now, I feel confident that warm weather will be moving northwards up the nation; good testing will be fully implemented; and several new vaccines will be showing preliminary results.
Interestingly, President Trump, who previously hinted that domestic travel restrictions might be coming soon, denied that today.
He also said we might have coronavirus dominating the national conversation into the summer. But I’m willing to bet that by July national politics will return as story number one and coronavirus will be subsiding, and I’m willing to further bet that there will be significant evidence of that victory 15 days from now.
I’m still reporting from just outside the citadel of American freedom. Good Day.
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