Here Comes the Boom
After a long battle with COVID-19, the United States is approaching the critical 65% vaccination rate, which was the magic number that allowed Israel to realize herd immunity, driving new cases to immaterial levels. If the United States achieves herd immunity, the foundation could be in place for a prolonged economic boom, fueled by a massive economic reopening, a cheap and rising supply of money, and a booming jobs market. As a result, we are preparing the portfolios for offense over the next 6-12 months.
Key Takeaways
- As the U.S. vaccination rate approaches 65%, economic growth should accelerate upward
- Economic re-openings, cheap money, and more jobs set the scene for an economic boom
- A crackdown on new oil drilling just as consumption is rising, sets the stage for oil stocks
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