JEPI - A Viral Market Update XIV: A Wrap On The COVID Market Premature Or Not

• Over the last eight months, I have written a series of posts on the market and how it has adapted and adjusted to COVID.
• In this post, I intend to wrap up this series with a final post, reviewing how value has been reallocated across companies during the months, and providing an updated valuation of the S&P 500.
• Given that much of Europe is going into lockdown, and that there is no vaccine in sight, this may seem premature, but I have a feeling that there will be other uncertainties that will vie for market attention over the coming weeks, especially as the US election results play out in legal and legislative arenas.

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