JKD - As COVID Cases Rise The World Looks Toward A Vaccine

• Medical experts have warned about a second COVID-19 wave for some time, but it is already proving to be worse than many expected.
• The IHS Markit Eurozone Composite PMI clocked in at 45.3, which is down significantly from October's reading of 50.0. Not surprisingly, it was services that suffered, down sharply from the previous month.
• In the most recent Federal Reserve Beige Book, four of 12 Fed districts reported "little or no growth" since the last Beige Book period. The November jobs report for the US also indicated slowing economic growth.

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