Comparing Australia and the US re a 2nd wave is like comparing an Ant to an Elephant. The U.S. currently has 1,000 times more active cases (similar land mass, excluding Alaska), and when considering population and density, they are 75+ times more likely to catch a 2nd wave than we are. Also keep in mind that they don’t have a contact tracing app (due primarily to cultural dynamics) and they are attempting to contact trace manually. Good luck with that when you have a million plus with unknown origin community spreading. The US of A is almost guaranteed to get a 2nd wave by December at this point IMHO; unless the Virus really does slow down in Summer (the science mostly says no to that idea), or there’s a miracle vaccine (No one with experience/knowledge is peddling that idea). Keep an eye on the USA Active Cases (which hasn't peaked yet); if it peaks, crests, and falls significantly (goes under 100,000), and then trends lower for a month (or more) then maybe they dodge the 2nd wave bullet.
Now, given the Fed Meth investors are dining out on these days, it’s questionable if even a massive 2nd wave sends the stock market back to March 23 (or below levels). It’s certainly a popular trend right now to be a Bull thats for sure.
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