Markets Take Terrible 3-day COVID-19 Data Stretch in Stride

From a healthcare timeline, the past three days have been the worst since early March. We’ve seen back to back record surge in cases, Texas “pause” its opening, Disney delay indefinitely its opening of Disneyland, and Apple close more retail stores. This is just horrific. Moreover, there’s not been any news this week on the healthcare side. And the 2020 election race is becoming tighter and tighter.

In the face of this, we have seen a 3% decline in equities last week despite the awfu...

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