President Trump and governors across the U.S. are pushing to open America.
It’s crucial that the U.S. re-opens in order to save the economy. However, re-opening America comes at a significant cost.
A confidential report titled Centers of Disease Control and Prevention Situation Update shows that re-opening America will greatly increase the number of coronavirus cases and deaths.
As of early May, the number of daily new coronavirus cases is around 25,000. Yet that number is expected to surge to 200,000 new coronavirus cases per day by June 1.
The number of daily deaths is expected to jump from 1,750 per day to 3,000 per day.
The White House regularly shares projections on coronavirus cases and deaths from the University of Washington Institute for Health Metrics and Evaluation.
That group just doubled its projected number of Covid-19 deaths in the U.S.
The research group now expects over 135,000 deaths by early August.
The Big News…
Supreme Court Operating Via Phone
The U.S. Supreme Court has resumed operations. The court had begun hearing cases via conference call. The current plan calls for 10 cases to be heard over the next two weeks.
World Leaders Pledge $8 Billion for Vaccine
Countries around the world agreed to donate money to help develop a Covid-19 vaccine. The total amount pledged exceeds $8 billion – including $850 million from Canada. The U.S. did not participate in the effort because the country has separately made its own commitments exceeding $2.6 trillion.
Carnival Cruises Opens August 1
Carnival Cruises plans to begin operating again in August. Carnival operates over 100 ships and plans to resume service with just eight ships.
New $1 Trillion Stimulus
Republicans on Capitol Hill are starting work on another stimulus bill. This one is expected to top $1 trillion and include huge spending on infrastructure projects including 5G. Go here for the top All American 5G stocks to BUY NOW.
The Coronavirus Numbers
Here are the numbers from Tuesday at 9 a.m. ET:
- 3,669,604 Coronavirus cases worldwide
- 253,166 Deaths
- 1,213,010 Infected in the U.S.
- 69,925 Deaths in the U.S.
Stock prices rose on Tuesday with excitement regarding more states opening for business.
California outlined plans for some retailers to re-open and provide curbside pickup for customers. Florida is another high-population state that’s also progressing with a tiered re-opening.
Starbucks shares rose after the company said it will re-open 85% of stores by the end of the week. DuPont shares were also rising after a strong earnings report showed high demand for personal protective equipment.
A small group of traders have had a chance to profitably trade stocks during earning season. And some are even WINNING 100% of these “Overnight Trades.”
In fact, the next trade alert is going out early next week. And you could earn a quick profit of $1,000 – $2,000 – even if you have a small account.
Yours in Health & Wealth,