Stock futures are up on optimism that the pandemic’s spread is slowing.
New cases in Italy have fallen from 6,557 on March 21 to 4,316 on April 5.
New York appears to be decelerating.
Northern California has been a bright spot, although less so Los Angeles.
Hospital capacity appears resilient as demand for other kinds of care has greatly diminished. We may learn a lot about what kind of health care is really necessary and what kind isn’t.