Everything follows a pattern here ...
Look to Italy and you'll see what's going to happen in the US. We're just starting the freak out phase. Sports canceled, by Monday/Tuesday you'll see schools canceled for the rest of the year or at least through April/mid-May. Then you'll see travel restrictions throughout the US - so no planes, no traveling -- not just to Europe and international, but around the US. Then about 2 weeks from now you'll see a mandated shut down of all businesses except for grocery stores and pharmacies, etc. This is going to be a shut down through mid-May is my guess. Self-quarantine. I've been to O'Hare and just got back from Vegas for a convention and my company is having us self-quarantine for the next 10 days (at-least). It's about to ratchet up and get real in the US - we've just entered the twilight zone -- and it's only going to get more weird from here. Even myself I'm not sure if i have it -- both my wife and I have been traveling a lot and we're both sick with some sort of flu - fevers, the dry cough you here about, very achy ... who knows if i have it, not much you can do - i won't be able to get a test - so for now it's just locking down in my house to protect others. i'm personally not concerned - but concerned about the spread to others.
The thing I can't stand is when people are like "the flu kills more people" ... and that's the problem with having a president like we do ... politics aside - because that's not what this is about -- his job is to be the PR for the US. Dividing people around a pandemic is not the way to do it. This is actually very serious ... maybe not for 20-60 year olds ... but for others. It's not about how bad Corona is for me or you, it's about curving the spread so that it doesn't get wild. The hospitals aren't equipped for this. We don't have the space or the staff. So it's not about that - self quarantine is about curving the spread. Ultimately there will be a vaccine. Ultimately this will subside, but it's going to be a wild next 6 weeks here and around the world. The ripple effect of companies, supply chains, servicing of debt, jobs, mortgages, etc etc etc. is going to take a LONG time to unravel. We built an economy on extensive leverage that was very suspectible -- almost like a 75 year old with pre-existing conditions - and the Coronavirus is exposing it. There's going to be massive government intervention for this - but ultimately it's thing people arent even thinking about that are going to really creep up over teh next few years because of this ... pension returns, further erosion of the dollar, negative interest rates, etc etc. we're in the upside down world now.