Friday, stocks were down slightly yesterday. With all the uncertainty stocks are on track for the best 100 day gain since 1933. Does this mean the economy is out of the woods? We are undergoing a major economic shift and I doubt it is over. A quote from the attached article:"The pandemic has accelerated investment trends already underway that should continue for years to come."
New claims for unemployment came in far below expectations. People are going back to work but we have a long way to go to get back to pre-pandemic levels.
Congress has left town with no stimulus plan in place. What now?