The U.S. is playing a game of COVID denial and the financial cost to Americans is dangerously high

The U.S. is playing a game of COVID denial and the financial cost to Americans is dangerously high
·4 min read

Investors are convinced that the COVID pandemic is temporary and a return to normality is inevitable. As is increasingly evident, the costs of COVID and the U.S. response have profound implications for the upbeat outlook supporting elevated financial asset prices. The pandemic hit a weakened U.S. economy that has never fully recovered from 2008.

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