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Florida Reports Record 10,000 COVID-19 Cases; White House Backs Reopening Rollback: Live Updates

Courtesy of ZeroHedge View original post here.

Summary:

  • Texas whisper number tops 7k
  • Florida positivity rate at record 16.7%
  • UK sees infections finally level off
  • Fla sees highest daily death toll in a month
  • Pence says Trump supports some economy closures
  • NYC to open streets nightly to accommodate restaurants
  • Refuses to support mandatory mask wearing
  • US reports ~50k deaths largest daily total yet
  • Texas hospitalizations pass California’s for 1st time
  • Dr. Gottlieb: ‘Outbreak will peter out by January, one way or another’
  • Russia sees daily cases slowing modestly
  • Brazilian death toll tops 60k
  • India cases top 600k
  • Mexico passes Spain for world’s 6th-biggest death toll
  • Tokyo reports another 100 cases

* * *

Update (1030ET): In an interesting, if unrelated, report, tennis star Novak Djokovic said his second COVID-19 test came back negative after he announced last week that he had contracted the virus. He and his wife are now virus-free.

US stocks are giving up gains after those Florida numbers, as investors brace for another record jump in new cases (both in the US, and globally).

Meanwhile, BBG reports citing data from the British Office for National Statistics, that an average of just 0.04% of the British community was infected, the equivalent of 25,000 people, between June 14 and June 27, a sign that the UK’s infection rate has finally leveled off.

* * *
Update (1011ET): VP Mike Pence just said the president supports “some” of states efforts to delay or reverse their economic reopening efforts, officially walking back the White House’s line that there wouldn’t be any more shutdowns to fight the virus as the number of new cases comes soaring back. Furthermore, the VP claimed the White House would continue to “keep opening up America” while still taking steps to slow the spread of the virus.

However, when asked about making masks mandatory, Pence evaded giving a straight answer, instead promising that America would “get the kids back to school this fall”.

Adding a dose of optimism, Pence said the Sunbelt states would recover.

Meanwhile, in NYC, Mayor Bill de Blasio just announced plans to close some streets nightly to give restaurants more room to set up outdoor dining, while also announcing plans for students to return to schools in September, while promising more social distancing.

Finally, Florida just reported another record jump in new cases, reporting more than 10,000 new cases for the first time. That’s at least the 4th record daily total for the state in the last 2 weeks. That’s a 6.4% increase DoD, roughly a whole percentage point above the 7-day average. The state’s positivity rate has returned to a record 16.7%.

  • FLORIDA CORONAVIRUS CASES RISE BY 10,109 TO 169,106 TOTAL ON THURSDAY, BIGGEST DAILY INCREASE SINCE PANDEMIC STARTED – REUTERS TALLY

The state reported 67 deaths, its highest daily total in a month, bringing its death toll to 3,617. The case total was 169,106.

Investors overlook this latest uptick in deaths at their own risk.

After no fewer than 5 states (including California and Texas) reported record daily totals (with Texas and Arizona also reporting their largest daily body counts in weeks, if not since the beginning of the pandemic), the US reported a new record daily tally, with the daily number surpassing 50k for the first time.

Nationwide, 7% of tests administered are coming back positive, a new high reached even as testing capacity has improved (though parts of Texas and Florida are reportedly still struggling with long lines and poor response times).

According to JHU data, the US confirmed 49,286 cases in 24 hours, while the US death toll hit 128,062.

The 7-day average for deaths nationwide ticked higher, but only modestly.

Hospitalizations in Texas surpassed California for the first time.

In Georgia, Gov Brian Kemp has watched positive tests triple as testing capacity has expanded only slightly.

More than one-quarter of US states have reported record daily totals in the past week, and in Arizona, one-quarter of all COVID-19 tests are coming back positive.

Globally, more than 200k new cases were reported yesterday.

BBG

Across California, and more broadly across the country, more states are closing down indoor dining entirely, or, like in New York, pushing back dates for planned reopening, leaving any restaurants without outdoor space entirely dependent on delivery (raising the question: why even own a restaurant?).

In California – which just shut down indoor dining in 19 counties Confirmed cases in California have increased nearly 50% over the past two weeks, and COVID-19 hospitalizations have gone up 43%. Newsom reported nearly 5,900 new cases and 110 more deaths in 24 hours.

Appearing on CNBC Thursday morning one day before the long holiday weekend, former FDA commisioner Dr. Scott Gottlieb warned that the outbreak likely won’t finally be over until January – either because we’ve found a vaccine, or because by then, so many people will have been infected that it will naturally mitigate the spread.

In a way, Gottlieb’s comments echoed a remark from President Trump made during an interview with Fox Business last night where the president was seemingly throwing spaghetti against the wall to see what might stick, hinting that he had plans involving the minimum wage and more handouts to workers in a fabled stimulus bill that has been whispered about, though Mitch McConnell said yesterday that it’s making little progress.

“I think we are going to be very good with the coronavirus…I think that, at some point, that’s going to sort of just disappear, I hope.”

In California, Gov Gavin Newsom lamented the spread as “particularly concerning” before expanding closings,

“The bottom line is the spread of this virus continues at a rate that is particularly concerning,” he said.

But the US isn’t the only country seeing a resurgence, as we pointed out yesterday, and several times in recent days. Worldwide, daily case numbers are hitting levels previously unseen. Mexico’s death toll just passed Spain’s, and Brazil’s outbreak is still out of control. Peru and Chile have also seen virus numbers climb, as the outbreak worsens across Latin America.

Russia’s outbreak has slowed somewhat, though the country still reported 6,760 new infections Thursday, pushing its nationwide tally to 661,165. Officials reported 147 deaths over the last 24 hours, bringing the official death toll to 9,683.

In Japan, Tokyo just reported more than 100 cases as another cluster appears to be emerging in Japan’s capital, even though Japan has proved surprisingly resistant to the virus. As expected, India surpassed 600k confirmed infections as the outbreaks in Mumbai in New Delhi continue to rage, along with many other clusters across the country, as officials prepare to conduct a ‘covid-19 audit’ of New Delhi’s entire population of nearly 30 million. Brazil, meanwhile, has seen its death toll pass 60k, with 60,632 deaths.


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