Today's Top Stories: March 23, 2020
Channel: My Daily Grind News
Date: 2020-03-23

Today's Top Stories: March 23, 2020. Coronavirus rages on, US now has steepest increase in infections, stock market futures overnight trip circuit breakers, it's getting uglier by the second.


https://mydailygrind.news/todays-top-stories-march-23-2020


Coronavirus update:
March 23, 2020 COVID-19 data map

353,692 infected. 15,430 dead. Both STEEP increases over the weekend.
Relevant COVID-19 stories:

    Trump: I haven’t consulted past presidents – of course he hasn’t. They might tell him to resign.
    Hobby Lobby founder reportedly told employees a message from God informed his decision to leave stores open amid the coronavirus outbreak – Uh huh, that has to be the answer.
    Harvey Weinstein is put in isolation ‘after contracting coronavirus’ – Rand Paul tested positive for COVID-19 and Mitt Romney has self-quarantined.

Economy Update:
March 23, 2020 DJIA stock chart

Dow is down over 900, under 19,000, very close to 18,000. Stock futures halted trading 5 minutes in last night, foretelling a gruesome day on the Dow Monday.
Relevant Economy stories:

    Coronavirus hits China’s economy twice as financial contagion spreads across the globe
    Unemployment could reach 30% in the U.S., says St. Louis Fed’s Bullard with potential 50 percent reduction in GDP in Q2. BLOODBATH.

I’m Rooting for This Guy:

Why this Nobel laureate predicts a quicker coronavirus recovery: ‘We’re going to be fine’

    A Nobel laureate predicted China’s recovery weeks before it happened. Analyzing the numbers, he sees a much brighter global outcome than many experts.

    Michael Levitt, a Nobel laureate and Stanford biophysicist, began analyzing the number of COVID-19 cases worldwide in January and correctly calculated that China would get through the worst of its coronavirus outbreak long before many health experts had predicted.

    Now he foresees a similar outcome in the United States and the rest of the world.

    While many epidemiologists are warning of months, or even years, of massive social disruption and millions of deaths, Levitt says the data simply don’t support such a dire scenario — especially in areas where reasonable social distancing measures are in place.

    “What we need is to control the panic,” he said. In the grand scheme, “we’re going to be fine.”

Offbeat Story of the Day:

Inmate brought gun into Orange County Jail intake area before holding 3 hostage, report shows

    ORANGE COUNTY, Fla. – The man who held an Orange County corrections officer, deputy and nurse at gunpoint Saturday was able to bring the weapon into the jail intake area, the Sheriff’s Office arrest report shows.

    Orange County Sheriff John Mina said Eric Stanley, 25, of Holiday, was arrested Saturday evening along with another individual on drug charges after Stanley was accused of speeding along World Center Drive.

    According to the arrest report, Stanley pulled his hand out of his flex cuffs and pointed a gun at the corrections officer telling him to get on the ground.
    ClickOrlando

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