$SPY $QQQ Think the better-than-expected job report was a relief? Dig deeper. Ties in nicely with Deloitte's 3rd Qtr 2020 economic report. You can read the full report here: www2.deloitte.com/us/en/ins... We are currently in Scenario #2. Let's hope for more signs that we're trending to Scenario #1 but don't fall asleep and miss signs that may indicate Scenario #3 is near.