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Daily Cases Surge; Still Good Risk/Reward in the Epicenter

(COVID-19 remains a global crisis and we realize that many people need to keep up with COVID-19 developments, particularly since we are moving into the more critical stage ("restart economy"), so feel free to share our commentary with anyone who has interest.)

Uncertainty about the path of COVID-19 worsened this week, as US overall cases rose to new highs and US deaths seemed to "step-up" to 800 per day (past 3 days) vs 500 or so a week ago. And the path of COVID-19 in the US has departed from Western Europe and Asia, both other regions seeing cases generally fall.

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