According to ABC-6 News, Philadelphia is banning large public events through 02/2021.  I believe the consolidation in the average stock and huge outperformance of the “stay-at-home” theme since June 5th is likely discounting the fear of a 2nd wave in Covid-19.  This is a really important point because it addresses a key “what if” for later in the year.  The current polling that shows Joe Biden with a meaningful lead may also be pulling forward that fear as well.

Sign up to access the rest of this content!

This content is not available to free users. Sign up for a paid account to access the rest of this content.

Share this: