US is witnessing the second wave of the pandemic recently with over 50k cases recorded recently in a day
To be clear though, this is still not the 2nd wave they said it is still a part of the first wave. The first wave is still not flattened out and the reason for these new cases popping up is that the lockdowns are loosening up.
US economy recovery policy is flexible but there is currently no certainty that the economy will recover rapidly
As they said, the market is having good movements but that doesn't mean that the economy will be regaining that easily. This will really take years especially if we still experienced the 2nd wave which I hope we wouldn't.