CDC Confirms Coronavirus Case In Seattle, Expects More Cases To Come

Update (2130ET): North Korea has temporarily closed its borders to foreign tourists, two major operators of tours to the isolated country said, in an apparent effort to seal itself off from a new virus causing global health worries.

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Update (2115ET): Chinese officials have just held a press conference that was anything but the usual CDC “everything’s ok” statement. The particularly ominous warning that the virus is mutating and spreading is perhaps due to the poor handling of the SARS breakout in 2002/3 which was marked by cover-ups and official reluctance to share information.

Li Bin, vice head of China’s National Health Commission, confirmed there are 440 confirmed coronavirus cases in this new outbreak and there have been 9 deaths. Some 1,394 patients are under medical observation.

Officials also confirmed Wuhan airport will have screening equipment (and Wuhan citizens have been asked to limit travel) and a nationwide monitoring system is being put in place (one wonders if the social credit score will go down if a citizen contracts the deadly disease).

Finally, the officials said that they will disclose information in a timely and public way and are doing their best to curb the spread of the disease.

And all of this is happening as hundreds of millions prepare to travel for the New Year’s celebrations.

“A wave of panic has struck,” said Zhuang Jiapeng, a fund manager at Shenzhen JM Capital Co. “People may feel the urge to bolt after northbound saw its largest selling in months — foreign buying has been perceived as something of a safety valve. With the virus spreading, there may be a real impact on consumption during the holidays.”

Long facemasks; Short rats (2020 is year of the rat).

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Update (1920ET): Just like we saw during past outbreaks of disease in China, a panicked population has bought up face-masks at such a frantic rate that several of their unscrupulous countrymen have resorted to gouging.

American brand 3M, a popular manufacturer of facemasks in China, has already sold out on its official online stores on e-commerce platforms Taobao and JD.com .

Meanwhile, guards at the Wuhan airport pointed electronic thermometers at travelers, with plans to segregate anybody showing a fever, an early symptom of the virus.

Several unscrupulous sellers who bought up masks en bulk are now managing to sell them for more than 10 times their original price. Some retailers were selling the masks for as much as 40 yuan ($7), a more than 10-fold mark-up. Users of Weibo, a Chinese social network similar to Twitter, warned anybody planning to travel to instead consider staying home, and repeatedly washing their hands.

According to certain sites that track prices of Chinese goods, the masks typically sell for 53 cents.

At one pharmacy in Shanghai, a shopkeeper named Liu Zhuzhen said more than 100 people had bought masks by noon on Tuesday. They sold out again after a re-stocking.

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Update (1600ET): Beijing, Shanghai, Tianjin, Zhejiang, Henan, Chongqing, Hong Kong, Bangkok, Seoul, Tokyo, Brisbane, Taipei – and now Washington State.

The viral pneumonia-like lung illness first discovered late last year in Wuhan, a mid-sized Chinese city in the center of the country, has Beijing’s leadership – who are already grappling with slowing economic growth and continuing trade pressure from the US – very much on edge.

It’s clear now that Beijing’s initial response to reports of a new SARS-like virus was to dissemble. After initially insisting that there was no evidence that the virus could be spread by humans, health officials have now admitted that they were “wrong”, and that human-to-human transmission is possible, meaning that there’s no telling yet just how contagious this thing really is.

It’s already spread rapidly: In just a few weeks, it’s gone from a few isolated cases in Wuhan to nearly 300 confirmed cases, not just in Greater China, but also across the Asia-Pacific region, and now in the US. The fact that the CDC has already identified the first case in Washington State suggests that this is an aggressive pathogen, and health officials are duly concerned.

It has already confounded expectations. The fact that 139 cases – roughly half the total number reported – were only just identified over the weekend is especially unnerving, because now infected hosts have had time to scatter back to wherever they’re from, potentially spreading the virus across the planet.

According to Bloombergthe US case has been revealed to be a man in his 30s who returned to the US last week, but not before visiting a public market in Wuhan…

The sudden spike in cases has prompted airports in the US, Australia and elsewhere to tighte illnesses has prompted tightened borders and a rapid attempt to trace contacts of those who have become ill.

On Wednesday, the World Health Organization will decide whether this crisis qualifies as a public health emergency of international concern, a label signifying only the most complex pathologies with the potential to cross borders. The WHO could recommend that travel be restricted, or that global governments take other drastic measures.

With global health officials on high alert, local authorities in Wuhan have announced that the city has 800 hospital beds ready in three separate designated care hospitals, and it’s ready to have 1,200 prepared at short notice, according to local media reports.

With the Chinese New Year travel season about to begin, many fear that millions of Chinese traveling abroad or internally for vacation will help the virus spread at an exponential rate. Chinese health officials have played down the possibility of this. But they also say they don’t want to underestimate it. After all, the last major outbreak, SARS in 2003, killed 800 people.

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Update (1335ET)The CDC has confirmed that a traveler from China has been diagnosed in Seattle with the Wuhan Coronavirus.

The patient, who was hospitalized with pneumonia last week, recently had traveled to Wuhan, China, where the outbreak appears to have originated, federal officials have found.

Officials declined to identify the patient, who was said to be quite ill.

Additionally, on a conference call, the CDC confirmed it expects more US cases to come.

The outbreak began at a market in China and now has spread to at least four other countries, and  has killed at least six people and sickened hundreds more in Asia.

Broadly speaking, stocks are getting hammered on this but there is one silver lining however, prices for flu-shot manufacturers are soaring: Nanovaricides +240%, Novavax +53%, Inovio Pharma +10%, and Vaxart +14%.

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CNN’s AnneClaire Stapleton (@AnneClaireCNN) tweeted an ominous warning:

“The US Centers for Disease Control and Prevention is expected to announce this afternoon that the first case of Wuhan coronavirus has been reported in the United States, in Washington state, a federal source outside the CDC tells CNN.”

And the market reacted rapidly…

Transports are the worst hit on the day, already suffering from coronavirus fears overnight…

Can The Fed just print up some anti-virus?

As we detailed earlier, the global risk-off wave had started in the overnight hours of Monday as the full extent of the Chinese coronavirus scare became apparent to traders, has rolled into the cash session Tuesday with airline, casino and gaming, hotel, and travel stocks, taking a leg lower.

Delta Air -3.50%, United Airlines Holdings -3.20%, Southwest Airlines -1.5%, and American Airlines Group -2.50%, were all sold as the outbreak may crimp global air travel during the upcoming Lunar New Year holiday period.

Investors dumped Wynn Resorts -4.45%, Las Vegas Sands Corp -4%, and MGM Resorts International -3%, as the virus threatens to decrease foot traffic.

Hotels were also sold, Wyndham Hotels and Resorts -1%, Choice Hotels International -1%, and Extended Stay America -1%.

Travel stocks were dumped, Expedia Group -1%, Booking Holdings -2.20%, TripAdvisor Inc -1%, and Trip.com -10%.

Investors are unloading sensitive travel stocks because confirmed cases of coronavirus have tripled since Monday and spread to other countries around China with the risk of spreading across the world.

Fears of a 2002-03 outbreak of SARs has been on everyone’s mind to start the week – and with a Lunar New Year holiday fast approaching – the spread of the virus could broaden in the days ahead.

Travel sensitive stocks have taken a beating in Asia, Europe, and the US – basically across the world on Tuesday, as investors brace for new cases of the virus that is quickly spreading.

Could this mean world stocks are due for a pullback?

via zerohedge

19 comments

    1. Please start with a fence around seattle. I hate seattle, but I live in Washington 6 miles from the idaho border and I would not like ruining your fence by raming through it

  1. If you are traveling outside the U.S. and get a cold, I have a major word of advice gained from experience. Load up on Dristan and Aspirin (now called ASA) before getting on a plane home. Lie through your teeth to CBP when you arrive back. Customs HAS the authority (and WILL) to confiscate your American passport and refuse you entry to get back into America. It doesn’t matter whether or not you’re a citizen, they DON’T HAVE TO LET YOU IN.

    A few years back I got a case of MERS (Middle East Respiratory Syndrome — first cousin to SARS) while outside the U.S. I was put back on an airplane at LAX and sent back to where I came from with a note to the local border security agency that I was indeed an American, no longer allowed into the country. The State Department has refused to renew and re-issue my passport for the past 5 years now and I’m stuck, even if I wanted to return.

    1. It’s too bad they’ve forgotten about Colloidal silver!!! It will kill any virus or bacteria!!!
      It is not a poison that they can learn to adapt to!! An ear infection takes a week or ten days to cure with antibiotics, and one dose of colloidal silver in the ear for 6 minutes!!!! China’s new virus will be a piece of cake for Colloidal silver!!!!

        1. the difference between a TRUE collid and the ionic form must be understood…wrong type and yes you trun blue. There is also Oil of Oregano that kills off this garbage very nicely…in minutes.

  2. No thank you! I live in Everett, Washington, am a far-right conservative, and do not believe that is a viable option right now. ALL are human beings in GOD’s eyes. No matter what, He is still the author and creator of life. Alpha and omega, the beginning and the end. Could you at least find it in yourself to pray? I don’t know if you believe in GOD, however, I do know He’s always listening. I don’t remember the reference, but in the BIBLE it says, “The fervent, effectual prayer of a righteous man availeth much.” I do not remember if that is all of that verse, but please pray for all. GOD Bless You, no matter what.

  3. FYI …. this hideous virus is also transmitted from humans to animals! If you own horses it can and will kill them too! This is no joke and we should not allow anyone traveling from China or who has been in China back into the USA! Until it’s under control…. there should be a travel ban… period!

  4. one thing going for us is that the university hospital in seattle has one of the best infectious desease labs in the nation. they are as good or better than the CDC. they get lots of practice with the dopers and homeless in seattle.

    1. Hey give the flu to the dopers and homeless people then practice cures on them. If they live you cured the flu. If they dont the tax payers dont have to pay for them anymore. It’s a win win.

  5. Xing will be elated. Forget a nuclear attack. Just send your terminal contagions all over the world. Illegals ,Chinese,Koreans,S.A., AFRICANS, MIDDKE EAST.have brought in incurable stds. Them pimped these diseases. We have EBOLA,leprosy,bubonic plague,tb,hepatitis,scabies, bed bugs,deadly insects, spiders,,incest deformed,insane,butchers,rapists,drug addicts,skin diseases,cancers,special needs,

  6. Well Folks – you can plan on being infected – they watch the airports but Border Patrol and ICE are going to be hit and hit hard first….The smugglers and snakeheads are smuggling them by the thousands……COMING TO A CITY OR TOWN NEAR YOU….

  7. Say thank you to Obama, Clinton and the democrats. They love those third world scummy illegals. The more diseased the better.

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