Pandemic Election 2020
We closed Wednesday’s issue with this thought: One of the really alarming knock-on effects of the pandemic — and the election — has been the politicization of public health policy.
Do you agree, reader? And how do we fix it… before the next pandemic?
Our first contributor responds: “I would put a great deal of emphasis on rapid testing. If possible, test everyone prior to leaving the house for work or school. This would allow businesses to open and just use standard precautions.
“Make it available like a flashlight — reusable with minimal expense.” Hmm…
Another reader thinks Biden used the pandemic to his advantage: “Check out ‘the pandemic hammer,’” he says. “It’s real, and it’s in Biden’s hand! Guess who wins?”
Our reader’s onto something. Journalist Matt Taibbi reports today: “Trump lost the election because of his handling of the pandemic, the top issue for 41% of voters, who chose Biden by a nearly 3 to 1 margin.”
And apparently the economy wasn’t top priority for voters. “Among people whose top concern was the economy — 28% of the electorate — Trump won an incredible 80% of the vote,” Taibbi says.
With Trump suing for a recount in three states — Pennsylvania, Michigan and Wisconsin — the likelihood of a contested election appears imminent.
What are your thoughts on a recount? Necessary… or just prolonging the inevitable?
Send your opinions to, TheRundownFeedback@SevenFigurePublishing.com.
Your Rundown for Friday, Nov. 6, 2020…
Today we give the floor to tech stock authority Ray Blanco who says: “If we’ve learned anything [this year], it’s that tech stocks can survive nearly anything that’s thrown their way.
“Take COVID-19 for example.
“When the pandemic hit, the markets were equally affected across the board with some major downward action.
“But since we hit the bottom in March,” Ray says, “tech stocks have come roaring back, outperforming the overall market.
“Just take a look at the graph below:
Ray notes: “Tech stocks on the year are up 22% while the overall markets are only up by almost 2.5%.
“Remember too the overall markets include… tech stocks. That means that without tech, the markets would be in the negatives.”
Ray’s three favorite technology sectors to buy?
- Electric Vehicles/Battery Technology
- Internet Technology
Ray concludes: “Tech’s been largely unaffected by the rest of the world’s volatile events,” he says, “and no matter the election outcome, it will continue to thrive in the long run.”
We’ll take a deeper dive Monday into these three technology sectors, and why Ray believes they’re not only resilient, but ready to soar.
Market Rundown for Friday, Nov. 6, 2020
S&P 500 futures are down almost 1% to 3,473.
Oil’s in a slide: down 3% to $37.61 for a barrel of West Texas crude.
Gold’s behaving like a safe haven, up $9.00 to $1,955.80 per ounce.
Bitcoin’s lost 1% to $15,550.29.
Send your comments and questions to, TheRundownFeedback@SevenFigurePublishing.com.
Take care, and enjoy the weekend! We’ll talk more Monday.
For the Rundown,