Good afternoon: Today's PM — edited by Justin Green — is 449 words, a 2-minute read.
Situational awareness: Stocks plunged more than 9% today, with the S&P 500 26% below its February all-time high. Go deeper.
Illustration: Sarah Grillo/Axios
The days of ignoring the coronavirus are over.
The big picture: State and local governments — combined with big cultural institutions and corporations — are rapidly making social distancing a reality felt by all Americans.
Between the lines: President Trump's Oval Office address last night has not been well-received, with markets plummeting and widespread confusion thanks to his false claims over how a European travel ban will be implemented.
The bottom line: Things are likely to get much worse before they get better, as U.K. Prime Minister Boris Johnson told his public today:
Above: A worker cleans a subway station in Brooklyn.
Below: A sign showing support for residents is displayed on a lawn in New Rochelle, New York, a major outbreak site.
Runs on toilet paper are sparking new interest in bidets, Crunchbase News reports.