The Election Isn’t Over… But the COVID Recession Is

By Alexander Green With the saturation coverage of this week’s historic election, investors may have overlooked some awfully good news lately.
The economy has improved dramatically.
And stocks – which rallied sharply this week – are busy reflecting this reality.
In the past 10 days, we’ve learned that…

The U.S. economy grew at a galloping 33.1% rate in the third quarter.
An accompanying report revealed that new jobless claims declined by 40,000 in one week, to the lowest level since March 14, when the economic lockdown was about to begin.
The economy has already recovered about half of the 22 million jobs lost in March and April.
Consumer spending – …read more



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