QQQM - MacroView: A Vaccine And The 'New New Normal'

• While a "vaccine" will eventually come to the market, it will only ensure a return to the "New New Normal."
• Bloomberg noted that the "New-New Normal" would consist of even more massive debts, deficits, and Federal Reserve monetizations, with sustained interest rates near zero. Such will see the trend of economic growth step down again to below 2%.
• Companies' fast adoption of technology, along with increased productivity and change in demand, will further retard employment in the "New-New Normal."
• The end game of three decades of excess is upon us, and we can't deny the weight of the debt imbalances currently in play.

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