COVID-19 UPDATE: USA cases surge +2,873 to 25,483. NYC to open early June. Universal Orlando opening plan approved (big deal) and USA no longer epicenter of COVID-19.

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 to anyone who has interest.This week saw progress in the US on two fronts: substantial progress on healthcare (vaccine via Moderna, etc.) and steps forward on the re-opening of the US economy (CT re-open on 5/20).  But a return to normalcy in the US is more than retail openings, outdoor dining and it is as much about sports, traveling, business travel and entertainment.  Entertainment is very much a part of the American experience and also one of the industries most impacted by the reality of post-COVID-19 world.  A major step forward took place today.  Universal Orlando's phased opening plans were approved by the Orange County Economic Recovery Task Force group today and also approved by Orange County Mayor Jerry Demings.  CNBC's Scott Wapner interviewed Mayor Demings this evening (5/21) (CNBC interview -->  Based on the approved plan, Universal will have a soft open on 6/1 and a public opening by 6/5.W...

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