Bloomberg (September 24)
“As the likelihood of additional federal stimulus fades, U.S. stock investors are returning their focus to the coronavirus pandemic and not liking what they see.” Consumers are again cutting back and “the prospects for a vaccine in the next few months have also waned just as the latest data shows an uptick in cases.” Moves by the Federal Reserve and “$3 trillion of federal stimulus helped fuel a torrid five-month rally that began in March,” but “their limitations have become clear.”
Tags: Consumers, Coronavirus, Cutting back, Fed, Limitations, Pandemic, Rally, Stimulus, Stock investors, U.S., Uptick, Vaccine
USA Today (August 10)
“The planet recorded its 20 millionth coronavirus case Monday and U.S. lifestyle continues to face changes, restrictions and cancellations.” The real number is probably much higher, “given testing limitations and the fact that as many as 40% of all those who are infected have no symptoms.”
Tags: Cancellations, Coronavirus, Infected, Lifestyle, Limitations, Planet, Restrictions, Symptoms, Testing, U.S.
