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The narrative has flipped from 'how much worse is this going to get' to 'how quickly can we reopen the economy.' We seem to have moved from pessimism to optimism. And based on the trajectory of the stock market, investors appear to be buying into the optimistic narrative. Is that wise?
Georgia, Oklahoma, and Alaska are leading the reopening charge. Nevada tried, but it was beaten down by popular opinion and health authorities.
However the reopening unfolds, it will be gradual. Social distancing will be part of life for months, if not