Also if you want to think ahead (data in PMI charts from July), here are the latest trends of Covid:

US cases rolling over, as in peaked a while a go & cases in Europe rising, esp in Spain to now higher than the US per millions. https://twitter.com/Trinhnomics/status/1297702346575642624">https://twitter.com/Trinhnomi...

And in case you feel depressed, DON& #39;T. Fatality has fallen sharply for Covid for a wide range of reasons including better treatment & understanding of the virus.

Countries are not doing extreme suppression & rather very targeted suppression on mobility to mitigate the fall-out.

Notice something: the news coverage for the rise of Spanish cases is very different than when the US had a rise in cases.

A lot of shaming & hysteria for omgosh I can& #39;t believe California failed & mass graves will happen, which of course they didn& #39;t as fatality ratio falls. So?

The recovery is uneven & the US is now the quickest to recover (PMIs, retail sales, home sales etc all confirm), we are unlikely to have lock-downs like we had before & my call remains:

THE GREAT LOCK-DOWN IS OVER!!! Btw, I included Sweden b/c I can... https://twitter.com/Trinhnomics/status/1297702346575642624?s=20">https://twitter.com/Trinhnomi...