Record high cases in the US
- 90,155 cases vs 81,599 a day ago
- 83,034 cases a week ago
- 21 states report that hospitalizations are at record high
I would argue that the biggest reason the market is where it is right now is the pandemic, not the election. The next few months are going to be rough.
Governments are going face a choice in the next week or two: Introduce harsh curbs now for a few weeks, or wait and hope for the best with the risk that you have to introduce harsher curbs later when hospitals fill up.
