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COVID-19 UPDATE: Cases are rising surprise gains in NY but don't "rosh" to judgments, FL + NY two key states to watch next few weeks.

Click HERE to access the FSInsight COVID-19 Daily Chartbook.

STRATEGY: Presidential Debate was kind of lameGoing into this first Presidential debate, I expected this to be a key moment for the 2020 elections. Because it would be a chance for voters to see the candidates side by side.  If someone asked me who performed better, I would say VP Joe Biden (forgive me Tom Block, if I erred).  But I also thought this debate was lame.Biden proves he is going to be good for the economy if he wins, with his economic program.But the "tax gotcha" and "pandemic failure" did not really seem to stick on Trump.So, I think this was a win for Biden, but not really a loss for Trump.  Does that make sense?  Equity markets are suffering from poor visibility jitters.  I still don't see how anyone can say there should be a wildly different market outcome in 2021 between a Biden vs Trump White House.  In fact, I did a webinar with Tom Block yesterday with the CEE group and Tom Block only affirmed this.  He thinks both have similar economic initiatives, and similar on trade.  But Biden would be more pro-immigration and pro-environmental. Neither of the two would really affect markets.On COVID-19, the negative surprise yesterday was NY/NYC which reporte...

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