The economy and markets

The enigmatic markets continue to surprise with resiliency in the face of mounting Covid cases, hospitalizations, and deaths. The related uncertainty in what is to come, especially in the fall with growing concern (and political battles) over schools. The market was, indeed, relatively steady again last week, trading in a 700-point range and ending the week at 26,075.30, up 340.33 for the week (1.3%). We will cover the coronavirus news below, but how do you feel about the state of affairs? Does a stable or rising market make sense with all the discord, confusion, and loss of traction on Covid? Here are some interesting perspectives:

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Every week there will be potential deals in the markets

This enigmatic market, like every market, will present opportunities. While you may not feel confident about the virus, economy, political environment, social justice, or a host of other meaningful concerns, you may find and buy a gem. Here are some ideas to consider:

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Covid progressing apace from states reopening

The enigmatic markets do, indeed, seem to be immune to the second rise of Covid. With new cases exceeding 68,000 on Friday, the seventh record high in 11 days, it seems unlikely to be ‘under control’ now or soon without impacting the economy.

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Coronavirus: These maps show risk levels for every county and every state in real time