WASHINGTON—The U.S. economy has bounced back strongly from the pandemic-induced plunge, supported by unprecedented monetary and fiscal responses. The faster-than-expected rebound has helped markets recover in a remarkably short period of time.
U.S. indices posted their best August performance in decades. Investors, however, have turned nervous this month, with Europe starting to see a sharp increase in CCP virus cases. Uncertainty surrounding the next stimulus package and the political battle to replace the late Supreme Court Justice Ruth Bader Ginsburg have also brought additional worries.
