April 23, 2020 – Very Positive Data; Breakthroughs

Lets start with the bad news, Canada experienced 11.1% growth in daily new cases.

However, in the U.S., daily cases fell 52.8% versus the previous day, and now all moving averages I track are negative.

The global data followed the U.S. data.

It will be very encouraging to see multiple days like this which would point to support for economies to be able to slowly and carefully re-open.