| This is Bloomberg Opinion Today, an overhead storage bin of Bloomberg Opinion's opinions. Sign up here. Today's Agenda  The markets, basically. Photographer: THOMAS SAMSON/AFP/Getty Images We Are All Coronavirus Trackers Now It takes many numbers to form even a rough picture of the global economy. But we crave simplicity and often obsess over one number at a time — the yield curve, say, or the Baltic Dry Index. The hot number these days is new coronavirus cases. U.S. stocks rose today despite the accelerating spread of the sickness from Wuhan. But in China, where trading resumed after being frozen for weeks, stocks suffered their worst sell-off since 2015. China was probably just catching up to a freak-out other markets have already had, writes John Authers. But it's a reminder that China, along with the rest of the world, will stay jittery until the coronavirus peaks, writes Shuli Ren. And there's no sign it's doing that yet. China's central bank jumped to the market's aid, raising hopes stimulus will lessen the economic damage. In fact, China's response generally has been less terrible than it was to SARS in 2003. It hasn't been great, of course, inspiring some comparisons to Chernobyl, the 1986 nuclear disaster that kinda-sorta helped end the Soviet Union. But there's no risk of sudden perestroika breaking out in Beijing over coronavirus, writes Clara Ferreira Marques. The oil market is still not convinced all's well, with Nymex crude prices dipping below $50 a barrel. OPEC was struggling with oversupply and sagging demand even before the crisis hit, notes Julian Lee. With China one of its biggest customers, the oil cartel has no choice but to cut production even more than it already has. Cheaper oil is at least a silver lining for Asian airlines facing a travel slowdown. And the virus should be short-lived enough that airlines can survive it anyway, writes David Fickling. But the crisis does add to the general stress level of already harried Asian workers, writes Rachel Rosenthal. It's a reminder employers everywhere should pay more attention to their workers' mental health. In this uncertain time, we can at least rest assured that, no matter how long this crisis lasts, it will not bring manufacturing jobs back to the U.S., as Commerce Secretary Wilbur Ross claimed last week. As Noah Smith points out, manufacturers fleeing China have plenty of options closer at hand than the U.S. And those that do build factories here tend to load them with robots. But hey, the disease could help Ross's boss, President Donald Trump, get re-elected, suggests Tyler Cowen. In conclusion, keep watching that magic number. The FAA Is Fresh Out of Hecks to Give About Your Thrombosis Americans keep getting larger, but our airplane seats keep getting smaller. As Joe Nocera points out, since 1978, coach-class legroom has dropped from a typical 36 inches to 30 or 31 (or even less on some low-budget carriers). Stuffing more people into tinier seats causes all kinds of problems, from blood clots to lethal struggles for overhead storage to trouble evacuating planes quickly in emergencies. Naturally, the Federal Aviation Administration has leaped into action to protect consumers by forcing greedy airlines to give us more leg room. Ha ha, no, just kidding. The FAA has of course done the exact opposite. Impeachment Rushes Toward Merciful Quick Death House impeachment managers gamely carried on with the Kabuki theater of arguing for Trump's removal from office today, ahead of a certain acquittal vote coming on Wednesday (and a bizarrely timed State of the Union address tomorrow). Some of the Republican senators who will acquit Trump are making quiet noises about how they hope Trump at least feels bad about what he did, while others are threatening to impeach Joe Biden over Ukraine if he ever becomes president. None of this is a sufficient check on Trump's future behavior, writes Jonathan Bernstein, who wonders why Republicans aren't even considering half-measures such as censure. Then again, it is truly Trump's Republican Party now, writes Francis Wilkinson, meaning it has turned even standard-issue democratic stuff such as the rule of law and voting rights into partisan footballs. This Is Maybe Not the Best Climate for Breaking Up One potential consequence of Brexit is that Scotland, which generally prefers to stay in the EU, could leave the U.K. This would end a 313-year-old union that began because of Scotland's suffering during the Little Ice Age, according to a new study of that period. Joining forces with England helped Scotland survive climate change then, writes Tatiana Schlossberg. It's a lesson for the U.K. and everybody else in the world as the climate warms: We'll only survive it if we work together. It's an idea has not seemed to be registering lately. Further Global Warming Reading: Climate change is a human-rights issue, and vice versa. — Andrew Gilmour Telltale Charts Electronic Arts Inc. now makes most of its money not on selling new video games but on micro-transactions inside of games, writes Tara Lachapelle.  Further Reading Boris Johnson can't promote free trade while also lifting up the working class. — Therese Raphael Emmanuel Macron is on his way to being a one-term president. — Lionel Laurent Trump's proposed Mideast map is a recipe for conflict. — Seth Frantzman Trump is bad for the economy, but Bernie Sanders would be far worse. — Michael R. Strain ICYMI Climate models are suddenly, mysteriously running much hotter. Jeff Bezos's jealousy of Elon Musk drove the HQ2 debacle. Harley-Davidson Inc. is struggling to Boomer-proof itself. Kickers Mexico plans to auction off presidential plane; hilarity ensues. (h/t Zoe DeStories) Area artist creates fake Google Maps traffic jams with a wagon full of smartphones. Volunteers needed to cuddle pigs. (h/t Scott Kominers for the previous two kickers) Business success is largely based on luck, a study has shown. Note: Please send luck and complaints to Mark Gongloff at mgongloff1@bloomberg.net. Sign up here and follow us on Twitter and Facebook. | 
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