The outlook for 2021 remains uncertain, in part due to the continuing risks from the coronavirus (as of this writing, new cases of COVID-19 were surging, but three vaccines had been reported to have high success in preventing infection and appear on track to be approved and begin distribution soon). In addition, the lack of any historical precedent complicates projections for next year and beyond. Since the presidential election, the incoming Biden Administration appears more open to fiscal stimulus, which could bolster the economy. The change in administrations, however, brings a degree of uncertainty about possible changes to other policies.