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Lessening credit distress and a jobless claims surge

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Lessening credit distress and a jobless…

Edward Harrison
Oct 15, 2020
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Share this post

Lessening credit distress and a jobless claims surge

pro.creditwritedowns.com

In the US, after the initial V-shaped basing effect of the re-opening, we have moved into a more steady state uptick in output and growth. Having seen the data since June, I believe we exited recession with the re-opening and are now far enough into the recovery to begin to take a longer-term view.

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