Corona Virus - don't panic: Susan Hellmann: "The coronavirus is scary. Here’s why you should not panic"

Susan Desmond-Hellmann has a unique set of experiences. Until February, she was the CEO of the Bill & Melinda Gates Foundation, where part of her job was thinking up new ways to battle infectious disease. Before that, she was the chancellor of the University of California, San Francisco.

In the 2000s, she was one of the most prominent people in the pharmaceutical industry, running drug development at Genentech during its time as one of the most closely watched biotechnology companies.

That made her a perfect person to speak to about the risks posed by the novel coronavirus that causes Covid-19. STAT caught up with her earlier this week. The transcript - clkick on the link below - has been lightly edited for length and clarity.

Read more at: Susan Hellmann: The coronavirus is scary. Here’s why you should not panic

US Economy: Ray Dalio says the long term economic picture 'looks scary' - Evelyn Cheng

Ray Dalio, founder of Bridgewater Associates, is feeling OK about markets and the economy right now, but he is getting really worried about the future.

"Big picture, the near term looks good and the longer term looks scary," Dalio wrote in a LinkedIn blog post Friday.

"We fear that whatever the magnitude of the downturn that eventually comes, whenever it eventually comes, it will likely produce much greater social and political conflict than currently exists," he said.

Bridgewater manages $150 billion.

Dalio listed four reasons for his pessimism:

For the full report click here: Ray Dalio says the long term economic picture 'looks scary'