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President Catches COVID...What Does That Mean for the Market?
Ever since Trump's positive COVID-19 test was released to the public, a lot has been up in there.
We all knew that if his case was severe, we'd be looking at another major shut down.
If he recovered quickly (which he did), a lot of the "panic" surrounding the pandemic could be seen as unnecessary and the push to reopen all businesses around the country would just get stronger.
Either scenario would have a major impact on the stock market.
Another shut down? It would be like deja vu from back in March.
Quick recovery with some new "experimental drug?" The confidence of the people, and the market, is going to rise.
We already know that Trump is out of the hospital and back to work...
It seems like it's given a lot people in the country a sense of relief; more shopping in-store, heading out to eat with the family, and just trying to resume pre-pandemic activities.
We have no idea when a real, effective vaccine will be introduced to the general public so for now, life in the pandemic continues.
The market will continue to be affected by what's going on in the world and it looks like we may still be in this for the long haul, friends.
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