WTF Just Happened Today?

Day 1190: "The worst is yet to come."


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  • 🔥 Daily Damage Report.
  • ğŸŒ� Global: Total confirmed cases ~2,700,000; Total deaths: ~187,000; Total recoveries: ~731,000. (Johns Hopkins University)

  • 🇺🇸 U.S.: Total confirmed cases ~856,000; Total deaths: ~47,000; Total recoveries: ~78,000

  • 💰 Markets: Dow 📈; S&P 500 📉; Nasdaq 📉

  • New York antibody study estimates 13.9% of residents have had the coronavirus. (CNBC)

  • 💻 Live Blog: New York Times / Washington Post / NBC News / CNN / The Guardian / ABC News / CBS News / CNBC / Wall Street Journal

  • 💡 Insights and Analysis.
  • Rare thing for WTFJHT to share analysis and opinion articles, but it’s also important to gain perspective by contextualizing the news through a variety of viewpoints. So, here you go.

  • The risk of a US double-dip depression is real. Reopening states to boost the economy despite the scientific evidence will do more damage than good. (Financial Times)

  • There’s a growing possibility of a W-shaped economic recovery — and it’s scary. A resurgence of the virus or a spike in defaults and bankruptcies could lead to another painful economic downturn. (Washington Post)

  • Opening up the economy won’t save the economy. There’s best available evidence casts doubt on the idea that enough customers will return to make it possible for small businesses to stay viable without additional government assistance. (Vox)

  • Coronavirus will change the world permanently. Here’s how: A crisis on this scale can reorder society in dramatic ways, for better or worse. (Politico)

  • “Sadnessâ€� and disbelief from a world missing American leadership. The coronavirus pandemic is shaking bedrock assumptions about U.S. exceptionalism. This is perhaps the first global crisis in more than a century where no one is even looking for Washington to lead. (New York Times)

    1/ More than 26 million Americans filed for unemployment benefits over the last ...

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    WTF Just Happened Today?By Matt Kiser

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