Trading Perspectives #95: The 2nd Wave of Coronavirus

June 30, 2020

The 2nd Wave of Coronavirus

Many states have recently announced an increase in Coronavirus cases. Some states have already started shutting down businesses again. In a consumer driven economy, shutting down establishments that employ people essentially takes consumers out of the equation one by one. Could this be the 2nd wave of COVID-19 or an extension of the first? Can the economy tolerate another shut down? Additionally, is the government going to be able to come up with more money to fund another PPP program or stimulus package?

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