members). The two charts below show economic activity and consumer sentiment appear to be rolling over.In aggregate terms, COVID-19 will likely have a sustained impact on the domestic economy—in reduced production and profitability—for several years, and in some industries, forever.Several key labor-intensive industries—education, lodging, entertainment , restaurant, travel, retail, nonresidential real estate, etc.—face an existential threat to their core.
It is not a pretty picture. Government programs and safety nets can help, but they don’t magically produce GDP and jobs.
Not a lot of information in the article.
Didn't read the full argued, but seems like were screwed either way, unless of course we actually start to rely on ourselves to solve problems!
Lemme save you a click. Stocks only go up