I guess I have not been taking this outbreak as seriously as I thought I have. It is a lot easier to process something dispassionately when it isn't happening to you. I'm pretty logical and not prone to overreaction, but can also under-react:
A week ago I bought a bunch of stock after that first bad week for the market. That new position is down now, and the market seems like it is still absorbing the impacts (as I am). A global economic recession seems likely. It may be a short recession, but nevertheless it was a poorly timed purchase. And not just for the purchase itself -- I'm suddenly thinking I may want to have some ready-cash available, as this is likely to affect my work.
On Sunday, I bought Flyers hockey tickets for a game in 3 weeks. Not only did I overpay for what should have been a good game, it's now very unlikely to be held. The NBA postponed the rest of its season last night and I would expect the NHL to follow suit today or soon.
Another note on that last one: on Tuesday the city of Philadelphia "recommended" that people "not attend" gatherings of more than 5,000 people. "Recommended". "Not attend". Tuesday's Flyers game was packed (20,000 people for a rivalry game) and last night's 76ers (basketball) game in the same arena had maybe 17,000 (not a good match-up). I'm not sure if the city has the power to shut down these events, but even if it doesn't, it should act like it does if it wants to be serious about this. Shutting down the games takes the choice away from fans and also likely enables them to get their money back. Similarly, the biggest disease petri-dishes of all, are still incubating: schools. A school with 1,000 disgusting kids is certainly as bad as a hockey game with 20,000 adults.
We have only a handful of confirmed cases in southeastern Pennsyvania, but it has been instructive to note the impact. Last weekd a doctor at a Children's Hospital of Philadelphia branch in the suburbs (10 miles from me) tested positive, which triggered quarantines and tracing of contact. A nurse working with him later also tested positive, and several school districts associated with her kids and others potentially exposed have been shut down. I think it is only a matter of a couple of days or at most a couple of weeks before they all get shut down. Easter is April 12 and most have spring break around that time. If they get that far, that could be the time they tell their kids not to come back, like many colleges have done, with their spring breaks happening now.
Many businesses in my area came out of the weekend and immediately implemented work-from-home policies, some as aggressive as requiring it for non-essential workers ("Anyone who can work from home MUST work from home."). Road traffic has dropped in my area, but not by a huge amount. The immediate impact for my business (A&E/construction for pharma) has been more people in the office, as people who would otherwise be visiting clients are now here. But I would think that either by policy or individual choice there will be significant working from home starting soon (school closures will trigger the need if nothing else). A large pharma manufacturing conference I was supposed to attend in NYC in April has been postponed to the summer. I've been on a monthly travel rotation to California (got back last Friday) and a colleague is scheduled to fly out on Sunday. He's still planning to go but will re-evaluate as it gets closer.