The Great Coronavirus Panic of 2020

It appears the situation in China is improving as Starbucks are re-opening stores there, and Apple says factories are getting back to normal. Meanwhile, not much in new case activity in USA.

I’ve been on the road for a few days, and aside from the horror headlines, life is somewhat normal.

But people want to panic anyway, and there are no shortage of people in media and on Twitter pushing the PANIC button. The stock market has lost trillions in the last few days, and in some parts of the country, supermarket shelves are beginning to go empty. But not everywhere.

My big concern continues to be that irrational panic, and not the virus itself.

I continue to think President Trump did a good preventative job containing the virus for weeks before anyone really knew what was going on, and while it’s not out of the question a significant outbreak could happen in America, at this time, I’m not anticipating one.

That said, the panic (at this time) is self-fulfilling, irrational and contagious. I think people need to stop and look around to see that China is improving, and we don’t have a major outbreak in USA (at this time).

That said, should a significant outbreak happen in USA, I do fully expect the government would forcefully move quick to quarantine it, and all the warnings everyone is seeing could become a possibility (school closings, etc).

Otherwise, for tonight at least, all is good in America, except the stock market.

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