Technical Tuesday – Recovering Already?

Health workers disinfected a residence in Ruichang, China, a city in Jiangxi Province. A coronavirus outbreak that has left more than 100 people dead began in the neighboring province of Hubei. 4,500 infections

That's a 60% jump since yesterday's official count and clearly we're over 5,000 now in real time but "only" 106 deaths, so down to 2% but, to be fair, new infections are happening so fast the deaths can't catch up with them so quickly.  China is already working on a second 1,000-bed hospital for the Coronavirus Patients – that should tell you enough right there.  Also, they've already run out of testing kits – so the number of patients could be substantially higher than estimated.  

Again, I don't want to be in the position of being the prophet of doom but my job is to point out potential concerns that lie ahead for the market and this is a very big one at the moment.  That guy is walking around with a fire stick – FIRE!  When you need to burn out an infection – it's probably serious…

Waiting for medical attention on Tuesday at the Wuhan Union Hospital, near the epicenter of the coronavirus outbreak.Hong Kong has 8 virus cases and will be implementing a broad series of restrictions aimed at controlling the spread of the coronavirus by limiting the number of mainland Chinese travelers entering the territory.  The restrictions, which included the suspension of high-speed and other train services between Hong Kong and the mainland, a 50 percent reduction in the number of flights, and a ban on tourism visas for many travelers, were announced by Carrie Lam, the city’s chief executive. 

In major cities like Beijing and Shanghai, many people have to stand in line in the wee hours of the morning to secure appointments with doctors. When they do get an appointment, patients get only a couple of minutes with a doctor. During flu season, residents set up camp overnight with blankets in hospital corridors.  Videos circulating on Chinese social media show doctors straining to handle the enormous workload and hospital corridors loaded with patients, some of whom appear to be dead.

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