Confidence is high in the US thanks to strong vaccination rates. What will the new normal look like though? Offices could re-open by summer, but how much will we continue to work from home? And how much will we travel for business? Supply chains are still bottlenecked, leading to inflation pressure. The blockage of the Suez Canal won’t help that
Succinct Summary: This has been the most difficult crisis that the US has faced since most people can remember. An economic recovery is underway but the pace of job growth may be slowing. Companies in the hardest-hit industries are asking for more stimulus.
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Succinct Summary: The economy has had a strong rebound, but the rising virus cases in some states are a cause for worry. Consumers are fatigued from the virus but starting to accept that it may take a while for things to get back to normal. And the old normal may never return. Technology companies have been major beneficiaries of quarantine. Companies are “splurging” on tech.
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Succinct Summary: The Covid-19 pandemic is an unprecedented global challenge unlike anything that we’ve seen for 100 years. It is like a war with an invisible enemy. It requires coordination and cooperation from all of us. Many industries like airlines and restaurants are seeing their businesses disappear overnight. But the economic impact is nothing compared to the human impact if we don’t act. Hospital systems are already being stretched to their limits and the worst may still be ahead. Let’s hope not. Our best hope of averting that fate is to buy ourselves time via social distancing and break down regulatory barriers for potential treatments. (Go to Covidactnow.org to see how important social distancing is in the US).