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" ... As virus caseloads and deaths continue to rise in the US, and will likely do so over the next few months, we should anticipate flat or declining employment numbers. The modest stimulus package passed by Congress in December will help a bit, and perhaps a new Congress and President will generate more help. As more Americans get vaccinated, the labor market recovery should resume in the spring. ... "
" ... Crude oil, as you might expect, got hammered. U.S. prices fell more than 5% to below $38 a barrel, hurt by virus caseloads and a higher than expected weekly supply build. As noted here Monday, there’s not a lot of chart support for crude until it gets down to around $36. ... "
" ... However, at the same time, I also think many of these offers may dry up later in 2021. With a hopeful slowdown in caseloads later in the year — and pent-up demand for travel — there isn't any incentive to provide deals to people that will make bookings. ... "
" ... With some states already reopening for business despite increased coronavirus caseloads and deaths, there’s no way of smoothly orchestrating baseball’s return as those numbers continue to spiral. ... "