Welcome to the Real Vision Daily Briefing.

I'm Nick Korea. It's Thursday

April 23rd of 2020. We have Real Vision's Ed Harrison and Roger Hurst standing

by to give their macro analysis, but before we go to them, let's take a quick

look at the latest news and markets starting with the coronavirus.

As we can see here, we are still at steady levels in the daily confirmed case count globally between 75 and 85,000 cases.

Yet yesterday, the US made a reporting adjustment, causing a jump in total recoveries,

and resulting in a first for negative net active cases.

We have a while to go before establishing any new overall patterns or trends in the data, but of course

we will take the bits of good news as they come.

However, our struggles are far from over.

In other G20 countries, we can see that Brazil's case count is continuing to accelerate,

as well as Canada's and India's curve sloping upward in a somewhat

paralleled fashion. As of yesterday in Brazil, their confirmed case count landed them

around 45,000 and their daily confirmed cases are trending upward even as they are moving up in a

staggered way.

Many policy makers are relying heavily on forecasting models to create bills that will

best respond to the various hurdles ahead.

However, these models all vary in outcomes.

They are constructed on assumptions about the disease that are uncertain and ever-changing

as new information emerges, which therein lies the difficulty of making fully informed decisions.

Here we can see five different leading forecasts for the US that go through the end of May,

...