White House COVID-19 taskforce member Dr. Fauci: Second wave of COVID-19 could happen, but it is "not inevitable" - CNN

Market news

27 May 2020

White House COVID-19 taskforce member Dr. Fauci: Second wave of COVID-19 could happen, but it is "not inevitable" - CNN

U.S. does not need to accept that second wave is inevitable or reopening will result in outbreaks
Reopening should be done "gradually" without "leapfrogging" over health recommendations
There is "good chance" that vaccine would be able to deployable by end of the year
Political parties should "reserve judgement" when having conventions
Certain areas of the country are seeing nice decrease in cases

U.S.: Richmond Fed Manufacturing Index, May -27

New York Fed president Williams: We have really been focused on credit availability and where it will continue to be

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