Good afternoon: Today's PM — edited by Justin Green — is 458 words, a 2-minute read.
🚨 Situational awareness: The stock market closed up more than 4% today, recovering almost half of the losses from yesterday's sell-off. Go deeper.
The coronavirus is here and will complicate life for millions of Americans — but there are signs from Asia that it can get better if we're willing to take that pain now.
The big picture: Coronavirus is stifled by early and aggressive action — and no matter how well-intentioned, half-measures only seem to make things worse.
The magic formula from South Korea, Hong Kong and Singapore:
Between the lines: The U.S. response thus far has been a series of half-measures, with predicable results.
The bottom line: The U.S. is not doing enough to prevent this thing from getting worse, and every day it delays will make it that much harder.
Editor's note: The chart above has been corrected. It originally showed the total number of U.S. cases, rather than the new cases each day.
A woman uses protective gloves as she looks at her phone wrapped in a plastic bag while riding the New York City subway.
Get your fantasy home green-lit: Airbnb is setting aside $1 million for a competition to build the "most unconventional and unusual livable spaces on the planet," AP reports.