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Divided government, stimulus anxiety and Covid-19

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Divided government, stimulus anxiety and Covid-19

Edward Harrison
Nov 4, 2020
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Divided government, stimulus anxiety and Covid-19

pro.creditwritedowns.com

Today's ADP jobs report makes plain that the US economy's V-shaped recovery is moving toward the reverse radical section of the upturn. The question is whether politics and the Covid-19 crisis add to downside risk.

My view until now has been that the lagging and coincident data show a robust economy. With a large savings rate, there is potential pent-up …

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