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SPY - The Market May Be Pricing In A Quick Economic Recovery
SPDR S&P 500
The data
As more and more data are being collected about COVID-19, it is becoming ever more clear that there is no reason for the majority of Americans to be confined to their homes. The stock market may be pricing in a return to sanity and a return to work.
When states reopen bars, restaurants, retail stores, beaches, etc., will people be too afraid to return to work, go to restaurants, the gym, to a ball game? I don’t think they will be. Not judging by their enthusiastic return to restaurants in Georgia and parts