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Trump's coronavirus diagnosis presents America with new clear, present dangers

The coronavirus' threat to America is no longer confined by geography or demographics.

Why it matters: With the positive test for President Trump, the risks are real and immediate.


National security: Administration officials recognize that China and other powers know the U.S. is distracted, and could use this as a window for adventurism or even aggression.

  • Hotspots around the world are on fire, including China's escalation of territorial disputes in the South China Sea — as well as a border standoff between China and India the world's two most populous countries.

Economic: After summer signs of life, the economy is struggling again, with tens of thousands of layoffs this week by Disney and airlines.

  • Now, with markets racked by uncertainty, businesses won't be getting the signals they need to encourage reopening — let alone return to semi-normal.

Social: So many Americans had gotten lazy about virus protection, in part because huge swaths of the public felt untouched by it.

  • That's gone. The virus penetrated the most secure house in the world. Anyone who feels safe from the virus is foolish.
  • Any stigma that went with masks — always unfounded — should vanish.

Political: With 32 days to go before an election that both sides call the most vital in American history, the incumbent, age 74, is temporarily off the campaign trail.

  • The challenger — Joe Biden, 77 — has been super-cautious about his public appearances, and now has a host of new questions about his own plans.
  • Everything, including the three remaining debates, is now on uncharted terrain.

What's next: Those are all risks now.  If the president were to show symptoms, the disruption would multiply even further.

  • The next Trump-Biden debate is 13 days away — 14 days from the moment Trump said he'd quarantine.

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Netflix stock sinks after Q3 subscriber miss

Netflix's stock was down more than 5% in after-hours trading Tuesday after the tech giant reported that it missed expectations on global subscriber growth for the quarter.

Why it matters: Netflix experienced explosive growth during the first half of the year. It wasn't expected to match that growth this quarter, when lockdowns lifted and after new competitive services had launched, but analysts were still expecting it to meet expectations of at least 3.3 million net new global subscribers.

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GOP's lack of power in politics, tech and the workplace will feed future grievances

Republicans are losing power where power matters most at the national level: in politics, media, technology and the workplace.

Why it matters: Republicans often felt mistreated when they had real power in the form of the presidency and Senate. Watch Fox News or listen to Ben Shapiro, and you will see and hear how this new isolation will feed Republican worries and grievances in the months ahead.

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The big picture: Untethered to their homes and offices during the pandemic, the wealthy are escaping to vacation homes and ski resorts — and paying handsomely to avoid commercial flights.

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