A new wave of COVID-19 cases threatens to trip up the economy. Increasing cases in Europe and the United States have brought new restrictions on activities, but the market doesn’t appear to be fazed by the recent outbreaks. Progress on developing vaccines has provided a clear boost to sentiment, but prospects for a divided Congress and the potential for more fiscal policy support also may be playing a role.
Paul King, CFP®, Registered Principal, LPL Financial, CA Insurance #0761042
Shannon Corpuz, Registered Representative, LPL Financial
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