Tens of millions of Americans have now been fully vaccinated and the fun is just beginning. Re-opening euphoria and pent-up demand could lead to an economic boom that lasts into 2023. Supply chains, especially semiconductors, are still feeling the effects of Covid, and price pressures continue.
Succinct Summary: The next two weeks could be very painful for the US but hopefully we are approaching the peak for the growth of infections. Still, the economy could be locked down for a long time and no one really knows how things will look as we come out of this. It’s hard to keep the consumer down.
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