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https://www.fa-mag.com/news/america-is-on-the-road-to-relapse-not-recovery-56428.html?section=40

America Is On The Road To Relapse Not Recovery

2020-06-22 00:00:00, Niall Fergusonztezsxreucdz, Financial Advisor Magazine

Content Categorization

Word Count:
685

Words/Sentence:
20

Reading Time:
4.57 min

Reading Quality:
Adept

Readability:
13th to 15th

Media Sentiment
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RCS Analysis
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Risk Score
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PESTEL Scope
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Entity Word Cloud
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Auto Summary
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By subdividing destinations into six categories – retail and recreation, grocery and pharmacy, parks, transit stations, workplaces and residential – the Google data help us zero in on what matters economically.

Fans of On the Road – Jack Kerouac's 1957 classic of beatnik literature – will recall that its giddy, low-punctuation style is sometimes a little hard to follow.

The same might be said of the data Americans are currently generating, some of which undoubtedly points to a rapid (if not quite V-shaped) recovery, and some of which seems to indicate either a second wave of Covid-19 infections or simply the continuation of the first wave.

But perhaps the most useful mobility data for economists come from Google's Community Mobility reports, which show how visits and length of stay at different places have changed relative to a Jan. 3-Feb. 6 baseline.

In the trough of pandemic panic, between mid-March and mid-April, Apple's Mobility Trends (which track changes in routing requests to Apple Maps since Jan. 13) pointed to declines in driving and walking of around 60%.

Keywords
Financial planner, Alternative investments, Advisor conference, Investment advisor, Financial planning, Financial advisor, ETFs, Investment news, Broker-dealer, Retirement planning, CFP, RIA

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