Just a quick update on COVID: New cases have seemly stabilized but its too high. Hospitalizations are only 108 away from a record and deaths are picking up.
Hopefully the new restrictions slow cases down. Otherwise, we will have some serious problems with the health case system.
While cases have continued to rise, the recovery in the most impacted industries as stalled. Here is updated restaurant data from OpenTable and TSA passengers.
The question is how much this will affect the economy overall. We should be able to get some idea when this week’s jobless claims data comes out.