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GDP fell 3.5% in 2020, the biggest drop since 1946, as Covid-19 wreaked havoc on the economy. With 37% of S&P 500 companies reporting, 82% have posted a positive Q4 2020 EPS surprise.
Chart Talk: While the human costs of pandemic are difficult to quantify, a recent study for Harvard compares the immense price associated with the pandemic to the costs associated with post-9/11 wars.
Chart Talk: This author thinks investors are getting gaslighted by overly optimistic views coming from Wall Street analysts.
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