Monday morning quarterbacking is finally possible a week after US elections. The clean result was a nice surprise, but is now fully priced in on the upside. The next few months before inauguration will be filled with a health care system unable to cure record covid infections, and a Fed unable to cure main street ailments. What is the 2021 impact of divided government? Will the govt stimulus delays tip vulnerable sectors into the abyss? What’s the lag between the vaccine market boost and GDP normalcy? Take a look as we re-assess the shape of the recovery and learn the history of toxic lame ducks.