COVID-19 UPDATE: IHME Takeaways. The more "fear" the better the outcome. Masks as good as vaccines. Israel shows markets did not care about cases...

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

STRATEGY: COVID-19 single most important market factor YTD in 2020 and into YE...Looking at the first 9 months of 2020, the pandemic has been the single most important factor for markets.  The pandemic drove monetary policy, fiscal stimulus and economic and behavioral changes -- a quadfecta of impacts.  In fact, while the BIS (Bank of International Settlements) comments that Fed policy accounts for 50% of the recovery of ...

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