Aug 15, 2018

Survey: Small business confidence hits record high

#ShopSmall stickers are pictured at the Boston General Store in Coolidge Corner in Brookline, MA on Small Business Saturday, Nov. 25, 2017. Photo: Jonathan Wiggs/The Boston Globe via Getty Images

A record percentage of small business owners are optimistic about current business conditions, according to the latest CNBC/SurveyMonkey Confidence Index.

Why it matters: The index, which calculates sentiment among more than 2,000 business owners, returned to a record high of 62/100 in Q3 2018 after concerns over the Trump administration's trade policy and imposition of tariffs caused a 1-point dip in Q2 2018.

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The month coronavirus shook the world

Illustration: Sarah Grillo/Axios

It’s already hard to envision the world we lived in one month ago.

Flashback: A WHO report from March 1 shows a total of 7,169 coronavirus cases outside of China, with just seven countries having recorded even a single fatality and the total death toll under 3,000, including China.

Coronavirus could hit developing countries hardest

Disinfecting in Dakar, Senegal. Photo: John Wessels/AFP via Getty Images

The coronavirus is spreading most widely in countries that should be among the best equipped to handle it. There's no reason to expect that to remain the case.

Where things stand: 88% of new coronavirus cases confirmed on Wednesday came within the OECD club of wealthy nations, which together account for just 17% of the world's population. While that data is based on uneven and inadequate testing, Europe and North America are clearly in the eye of the storm.

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The Humanity First push for a coronavirus vaccine

Illustration: Aïda Amer/Axios

Policy responses to the global coronavirus crisis have been every-country-for-itself and — in the case of the U.S. and China — tinged with geopolitics.

The flipside: The scientific work underway to understand the virus and develop a vaccine has been globalized on an unprecedented scale.

Go deeperArrow12 mins ago - World