VOO - 3 Events Markets Will Be Watching As 2020 Comes To A Close

• The COVID-19 pandemic is the obvious main concern that is on everyone's mind both on a personal and economic basis. Everything hinges on the trajectory of potential vaccines and the measures that have to be taken until the vaccine becomes a reality both in development and distribution.
• If the path of the pandemic continues, by the end of the year there will still be 10 million fewer jobs than there would have been without the pandemic. But growth will accelerate as doses of the vaccine are administered and people will feel more and more comfortable leaving their house as time goes on.
• A particularly important number to watch will be December's University of Michigan Consumer Confidence Index, which will be released in the second week of December. This will indicate to us what the initial economic path in early 2021 may look like.

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