Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!

Houston Official Warns ICU Beds ’97% Full’ As Florida, Cali Report New COVID-19 Records: Live Updates

Courtesy of ZeroHedge View original post here.

Summary:

  • Italy reports negative deaths for first time after revision
  • NY to delay reopening of gyms, movie theaters in some areas
  • Northeastern states order visitors to quarantine
  • Houston ICU units at 97% capacity
  • Arizona reports drop in new cases
  • Fla. reports jump in new cases
  • More counties in Fla. move to require facemasks
  • NYC beaches will reopen in July
  • 2020 NYC Marathon cancelled
  • Cali posts new record for daily cases
  • Global COVID deaths top 475k
  • Cases top 9.2 million
  • US cases near 2.5 million
  • Deaths top 120k
  • 27 states see cases increasing
  • Australia sees another cluster
  • Beijing says latest cluster is contained
  • China has done 90 million nucleic acid tests
  • UK moving to relax restrictions
  • MLB’s shortened season will move ahead
  • WHO warns Africa testing capacity improving

* * *

Update (1340ET): California public health officials just released the real number of new cases (the number we reported earlier is compiled by California media), which, like the numbers reported earlier, represent a record daily jump. That’s ~500 cases more than last week.

  • CALIFORNIA REPORTS 7,149 NEW VIRUS CASES, BIGGEST DAILY JUMP

Meanwhile, a magnitude 6 earthquake just rocked the central part of the state.

* * *

Update (1320ET): For the first time, Italy has reported negative daily deaths

Typically, revisions like these result in hundreds, if not thousands, of previously uncounted deaths being added to the rolls.

* * *

Update (1240ET): After announcing his plans to ask travelers from hard hit states to quarantine for 2 weeks when traveling to the tri-state area, Cuomo just announced that he would delay plans to reopen gyms, malls, movie theaters and other businesses in parts of the state where they were expected to reopen on Friday.

The delay will allow a closer examination of how the virus travels indoors via ventilation. Some parts of upstate NY were set for those businesses to reopen Friday.

* * *

Update (1140ET): As a stream of non-stop negative COVID-19 headlines pushes stocks lower, New York, New Jersey and Connecticut have all just declared that travelers visiting their states will once again be required to shelter in place for 2 weeks, the first in what many fear will be more restrictions on travelers from other parts of the country.

* * *

Update (1130ET): What was supposed to take 11 days has instead taken…a lot less time than that.

Not even 24 hours after Houston City officials warned that hospital capacity in the state might be overwhelmed in 11 days if cases continue at their current level, a city official on Tuesday warned that intensive-care units in the city are presently at 97% capacity.

  • HOUSTON-AREA INTENSIVE CARE UNITS ARE AT 97% OF CAPACITY: CITY OFFICIAL

The announcement comes days after Texas surpassed 4,000 new cases for the first time, and just a day after Texas Children’s Hospital, the largest pediatric hospital in the US, began taking adult patients to free up bed space in Houston.

Tuesdays do tend to be bad days, with reporting sometimes being “lumpy” as states clear weekend backlogs. But at this point, the trend is overwhelming.

* * *

Update (1120ET): Arizona reported just 1,795 new infections involving the novel coronavirus, along with 79 additional deaths. That’s down from yesterday’s record spike of 3,591.

Meanwhile…

* * *

Update (1035ET): Florida has reported another record increase in daily new cases. The Florida Department of Health reported that there are 5,511 new coronavirus cases in Florida today. The previous record was 4,049, set this past Saturday.

  • FLORIDA COVID-19 CASES RISE 5.3% VS. PREVIOUS 7-DAY AVG. 3.7%

It also saw new hospitalizations climb by 256, or 1.9%, to 13,574, the biggest single-day increase in numbers in a month. On a rolling seven day-basis, they reached 1,185. The biggest was 265 on May 21.

Source: Fox 35

The latest numbers from the Florida Department of Health show that there have been 109,014 cases of COVID-19 statewide, resulting in 3,281 deaths. The state’s positivity rate, meanwhile, has climbed to 15.9% of all tests up from 10.8%.

A growing number of counties, particularly in the southern part of the state where Palm Beach just adopted the policy, officials are requiring that masks be worn in public.

On the bright side, the state reported just 44 deaths, a sign that deaths in the sun belt states seeing a surge in cases haven’t been rising nearly as fast as the total cases. Despite this, a 17-year-old Florida resident became the state’s youngest coronavirus-related death, according to state health data reported today.

Workers at Disney World in Orlando, which is set to reopen next month, have gathered to sign a petition asking the company to delay its reopening.

Gov DeSantis is expected to make a “major announcement” this afternoon at 2:30pmET. The gov has been facing more pressure to apologize for saying mostly Latino farm workers are spreading the virus, claims that appear to be unfounded. The governor has offered no indication to expect he might roll back or delay the reopening plan in the state.

We now await data from Arizona, Texas and South Carolina , along with a few other states.

* * *

Update (1015ET): New York City has officially cancelled the 2020 New York marathon, which is typically held in the fall just before the start of the holiday season. This year’s race was set for November.

On the other hand, mayor de Blasio said the city’s beaches would reopen for swimming next month.

Meanwhile, a team of Goldman analysts has set a line for when states might cave to pressure to slow the reopening, or reverse it: “.. we think a decline in hospital capacity below 20% could pressure states to consider slowing or reversing reopening. According to the CDC, Alabama and Maryland currently have 23% of ICU beds available .. and Arizona has 25% available ..”

* * *

Update (0955ET): For the second day in a row, California has shattered a daily record for new cases, reporting more than 6,600 infections on Tuesday, after reporting more than 6k on Monday, leaving the state with its second consecutive record for the largest single-day count since the outbreak began.

um https://t.co/FG5I9Y1QHC pic.twitter.com/We2QK6sokv

— Matt Pearce 🦅 (@mattdpearce) June 24, 2020

Stocks aren’t happy.

* * *

A pullback in risk assets on Wednesday has swerved the spotlight back to the burgeoning global coronavirus crisis, a resurgence in global cases driven primarily by the US, Latin America and a handful of Asian or Eurasian countries including India and Russia (and several of their neighbors).

Most alarmingly, the US is on track to seeing the average number of new infections reported daily eclipse the highs from the “peak” of the outbreak back in April, when New York, New Jersey, Massachusetts and Connecticut saw the number of patients hospitalized and in the ICU hit their peaks. While deaths have lagged amid evidence that the rising case counts in the US are being driven primarily by young people acting irresponsibly, in roughly a week, the US will eclipse the 50k cases per day mark, at which point a surge in deaths and more severe cases will be virtually inevitable.

At this point, the alarming surge in new cases seen along the sunbelt states from Florida to Arizona on to California is clearly being driven by loosening restrictions on the economy, as states that waited the longest to close down have also been among the first to reopen. At first, it looked like this strategy had been vindicated as Georgia appeared to have dodged the feared second wave. But the state has since seen its daily case counts move back into record territory: Arizona, California, Texas and Mississippi all reported record increases in new cases yesterday, along with other states.

A staggering 27 states are now seeing cases increase, according to the NY Times.

Per WaPo, 33 states and US territories have reported a higher rolling average than last week. But even as case numbers climb, the federal government is poised to turn off the taps for federal funding to boost testing in hard-hit states like Texas. We suppose that’s what Trump meant when he said he “wasn’t joking” about trying to slow down the testing.

As a team of analysts from Fundstrat put it: “The rise is across multiple states, and while testing is higher, the synchronized rise across states is the bigger driver. The trend in cases is not good, and at face value, should be alarming.”

But it’s not just the US and Brazil. Germany reported 712 new cases of COVID-19, an increase of more than 200 from the number reported yesterday as Germany struggles with an outbreak at a meatpacking plant, while Tokyo reports 55 infections, its highest daily tally since May 5.

Localized lockdowns have been adopted in Germany (in the area surrounding the meatpacking plant which also happens to be located in Germany’s most populous state, North Rhine-Westphalia), and Israel as well as PM Benamin Netanyahu uses the lockdown and the pandemic response more broadly to try and protect his interests during his ongoing legal troubles.

As some EU members reopen their borders to intra-bloc tourists, Brussels is weighing whether to keep Americans out past July, when the bloc will begin to reopen its borders to countries where the virus isn’t widely spreading. The US clearly doesn’t meet this criteria, and President Trump showed Europe no similar consideration when he barred travelers from the Continent as well as Great Britain a few months back.

China’s policy of responding to every new outbreak with overwhelming force (while its propagandists work to blame it on the US and the West) has managed to successfully contain an other outbreak. The latest outbreak in Beijing has now been contained, Lei Haichao, head of Beijing Municipal Health Commission, said during a briefing on Wednesday. The virus spread very fast and a large number of cases emerged in a short period, Lei said. Beijing reported just seven additional local coronavirus infections for June 23, down from 13 the day before, per the NHC.

NHC officials told WaPo that they’ve conducted more than 90 million nucleic acid swab tests since the pandemic began.

Even in Australia, the state of Victoria saw 20 new cases in the past 24 hours and one man in his 80s died, bringing the national death toll to 103, weeks after the country reopened on the view that the outbreak had been successfully quashed.

As the UK moves to lift most of its lockdown restrictions by July 4, the WHO declared Wednesday that all African countries have now developed laboratory capacity to test for the coronavirus, according to Dr.Tedros Adhanom Ghebreyesus, the organization’s director general, who celebrated the advance in testing capacity.

“The most recent one million cases of COVID-19 were reported in just one week,” Tedros Adhanom Ghebreyesus said during a virtual conference on COVID-19 vaccine development and access across the continent.

Though cases have picked up slightly in recent weeks, Africa has largely surprised health officials by avoiding the devastating outbreaks that many had feared.

Globally, the number of coronavirus cases topped 9.2 million, while the global death toll topped 475k. In the US, cases neared the 2.5 million mark, while deaths topped 120k.

As we reported last night, Texas Children’s Hospital began admitting adult patients, as hospitalizations have soared in Harris County in and around Houston. Meanwhile, Gov. Greg Abbott urged Texans to stay inside to avoid spreading the virus, finally acknowledging that “the safest place for you is at your home,” he said Tuesday.

Finally, Major League Baseball announced Tuesday on Twitter that its back-and-forth with the players’ union has been resolved and that athletes were reporting to training camps, despite a handful of infections at a Phillies spring training camp in Clearwater.


Do you know someone who would benefit from this information? We can send your friend a strictly confidential, one-time email telling them about this information. Your privacy and your friend's privacy is your business... no spam! Click here and tell a friend!





You must be logged in to make a comment.
You can sign up for a membership or get a FREE Daily News membership or log in

Sign up today for an exclusive discount along with our 30-day GUARANTEE — Love us or leave, with your money back! Click here to become a part of our growing community and learn how to stop gambling with your investments. We will teach you to BE THE HOUSE — Not the Gambler!

Click here to see some testimonials from our members!