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If you had asked anybody in March whether there would be a V-shaped recovery, most people would've said no, yet here we are, with both the market and the economy recovering. With ad spend trending up again, we believe Entercom Communications (ETM) is now a much safer investment even though it is up more than 2x from its lows.
Macro improvements
Over the last few months, the COVID-19 situation has improved drastically. The most obvious of these improvements is the fact that new cases have steadily trended down in the US and many