We are in a weird spot in this pandemic right now. It feels like things are getting better, more and more people getting vaccinated, more businesses opening, but we’re not entirely out of the woods.
People are still getting sick and dying of COVID-19. That puts health officials and policymakers in a tough spot.
To illustrate: two recent pieces of news from the Centers for Disease Control.
Item 1: The CDC is extending its tenant eviction moratorium to June 30.
Item 2: The cruise industry didn’t get what it wanted — restrictions on sailing from U.S. ports will stay in place until November. Read more…..
Chart of the Day
Ray Dalio: This Will Cause A Stock Market Crash In 2021.