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COVID-19 Case Rollover Tentative; Next Week’s Data = Critical

Equities faced some new headwinds this week. (i) Vaccine supply in the US is being questioned, as the White House passed on buying more Pfizer doses (but US has ordered 700 million doses), (ii) the stimulus relief package seems stuck in the Washington quagmire (iii) The Federal trade commission and multiple state attorney generals brought anti-trust charges to Facebook and (iv) there is a natural questions of whether the AirBnB and Doordash IPOs created a lot of new supply.

And if these were not ...

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