A graphic snippet from the FT is encouragement that global cases and deaths are on the downslope (still higher but at a slowing pace).

“feel the market,” “feel the pace,” based on this, “have a bias,” then “sense, trust, and act.”
SUPPORTIVE BELIEFS :
Read a PDF of the IMF’s recent report here.
The International Monetary Fund (IMF) highlighted the fact that low interest rates in the U.S., plus an apparent “one-way” bet against the dollar has created a global dollar carry-trade that is driving capital flows into emerging markets.
If not handled properly, this will lead to emerging market asset bubbles, which arguably have already begun to inflate.
We’ve highlighted before how places like Hong Kong are seeing property prices go through the roof due to low U.S. interest rates. (more…)
– Japan Retail Sales Post 3rd Straight Y/Y Rise; Feb +4.2%
– Japan Mar Retail Auto Sales +19.6% Y/Y Vs Feb Revised +14.8%
– Japan Mar Retail Sales Also Pushed Up By Higher Fuel Prices
TOKYO (MNI) – Japanese retail sales surged 4.7% in March from a year earlier, posting the largest year-on-year gain in 13 years, data from the Ministry of Economy, Trade and Industry released on Wednesday showed.
It was the third straight year-on-year increase after an unrevised rise of 4.2% in February. (more…)