Despite death, Coronavirus threat remains low
Both the Center for Disease Control and the White House say the threat to Americans from Cornoavirus remains low, despite the first reported death in the United States from Novel Coronavirus 2019 (COVID-19).
A Washington State man in his fifties has been confirmed dead from the virus but authorities say he had other pre-existing health issues that contributed to his death. King County Department of Public Health officials announced the death and three additional cases of the virus in a press conference on Saturday afternoon and said they were investigating the possibility of an outbreak at a nursing home. The man who died was not a patient at the nursing home.
According to the CDC, twenty-two cases of COVID-19 have been confirmed in the U.S. Thirteen in travelers returned from abroad and nine that appear to have been spread person-to-person. So far, 472 people have been tested for the virus which has symptoms similar to a cold.
The Ohio Department of Health says there are no confirmed cases of COVID-19 in the state but 212 people are under supervision after traveling abroad.
On the other side, the U.S. economy has suffered the worst week since October 2008. According to the Wall Street Journal, $3.6 Trillion was swept out to sea from the market losses. In addition, the S&P 500 (after hitting a record high two weeks ago) has now lost 14%.
By the numbers, the Coronavirus has had severe worldwide consequences. However, it has made more pensions and 401k’s sick than people.