Another 2020 Shock – The President and First Lady Contract Covid-19

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In-Brief

1. President Trump and the First Lady have Covid-19. More chaos in 2020.
2. The Tuesday evening debate between Biden and Trump was train wreck … it was awful. It did little to help the voters make up their minds on whom to support. Biden held up well for the 90 minutes, a plus for him.
3. The death of Supreme Court Justice Ruth Bader Ginsburg scrambles the 2020 election campaign in numerous ways. It appears that the Senate will confirm Amy Coney Barrett, Trump’s nominee, with hearings scheduled to begin on Oct. 12.
4. Survival rates from having Covid-19 have become exceedingly high, but Covid-19 is still extremely dangerous. If you are elderly and in a vulnerable health situation, continue to protect yourself.
5. The US economy began a strong recovery in June. That recovery is still on-track as measured by many indicators, including existing home sales and the Purchasing Managers indices for manufacturing and services. The indicators of economic growth are coming in stronger than expected. The unemployment rate fell from 10.2% in July to 7.9% in September, a huge decline. The economy is clearly growing rapidly now. Over 700,000 additional job openings were added last month.

FDR’s 1st Inaugural Address - 1933... “So, first of all, let me assert my firm belief that the only thing we have to fear is fear itself...”

Abraham Lincoln – “You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time.”