Wednesday, June 24, 2020

Good news, bad news about a second wave

Mid-week market update: I have some good news, and bad news about a second wave. The bad news is new case counts are rising dramatically in the US. The good news is fatalities are not rising.


Here is some more bad news. Marketwatch reported that Dr. Anthony Fauci, head of infectious diseases at the National Institute of Health, said that "We are still in the middle of the first wave. So before you start talking about what a second wave is, what we'd like to do is get this outbreak under control over the next couple of months."

For investors, this matters for a couple of reasons.

The full post can be found here.

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