America’s Pyrrhic Victory
In an age of science, politics reigned. America can see the light at the end of the tunnel. The hope is for a return to normalcy by Independence Day, which would be a reprieve after a dreadful winter. The challenge is that not all the world is as fortunate as America in their access to a vaccine, nor do they have a substantial population that developed antibodies after contracting the virus. The global population that is vulnerable to the virus is material and less accessible
Stimulating Exuberance
The pump is primed. High valuations in nearly every asset class suggest investors see promise everywhere. The tune is tactical investing.