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America may need a 14-day national quarantine because of coronavirus: top health expert

Brian Sozzi
Editor-at-Large

The National Institute of Allergy and Infectious Diseases (NIAID) director Dr. Anthony Fauci’s stunning call for a 14-day national quarantine in a bid to contain the coronavirus is gaining supporters.

“We are approaching just that,” Dr. Anand Parekh of the Bipartisan Policy Center said on Yahoo Finance’s The First Trade about Fauci’s call for a national quarantine. Parekh served as the HHS deputy assistant secretary for health from 2008 to 2015, where he developed and implemented national initiatives focused on prevention, wellness, and care management.

Parekh added, “We may very well, very soon get to a national quarantine type of situation like that.”

President Trump said he isn’t looking at a national quarantine during an afternoon press conference with reporters.

In many respects, a national quarantine is well underway and being driven by Corporate America.

Major retailers such as Nike, Under Armour, Lululemon and Abercrombie & Fitch have moved to close U.S. stores to prevent the spread of coronavirus. Social distancing and work from home has become the new norm across corporations. Indeed while this is severely impacting the economy — with most sources on the Street telling me the U.S. is likely in a recession — at this point draconian measures appear prudent.

“From my perspective, I think it is unprecedented. I think we are in a health crisis right now, which will then have to see what the outcome of that is financially,” Abercrombie & Fitch CEO Fran Horowitz told me in an interview. Abercrombie’s U.S. stores are closed until March 28.

[Also read: Coronavirus hits retailers worldwide: Store closures and reduced hours]

Brian Sozzi is an editor-at-large and co-anchor of The First Trade at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn.

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