12/14/2020
By Charles Payne CEO & Principal Analyst

It’s Happening

It’s the beginning of the end, as the initial batches of Covid-19 vaccines have rolled out.  This week, Americans will begin receiving vaccinations. The race to stop the scourge is the stuff of legends with a lot of heroes all digging in deeply for their best effort. This would not have happened without Operation Warp Speed - and it is something we can all relish.

FIRST TRUCK CARRYING PFIZER VACCINE APPEARS TO LEAVE MICHIGAN FACTORY - NETWORK POOL VIDEO

Staying Alive to Stay Alive

Vaccines are in limited supply, and it will take some time before the nation reaches what scientists call herd immunity.

Until then, we need to keep the economy alive, especially the most vulnerable. The swiftness of aid quarterbacked by Steven Mnuchin and a united Congress, coupled with actions from the Federal Reserve, stemmed the economic freefall that many thought would send the United States into another Great Depression.

To be clear, there are serious issues, and millions of Americans and communities are mired in their private version of the 1930s.  Sadly, much of this is not from the coronavirus, but actions to curtail the spread. Those actions have become more arbitrary, and ultimately more deadly than allowing folks to employ prudence and common sense as they go about living.

The return of lockdowns and restrictions says more about ineffective messaging and overzealous governing that ignores science. And it ignores the desperate pleas of so many people from business owners to employees and to communities that have worked so hard for sustained economic tranquility.

To read the full report, contact your account representative or email Research@wstreet.com

Charles Payne
Wall Street Strategies

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