Framing the economic path This is just a quick update on how I am thinking about the US economy. I am going to put this outside the paywall for once in order to update everyone. I'll put the run-up to today in a bullet point framework up front. Despite a very brief yield curve inversion last year, the US economy was re-accelerating as the new year began.
A possible upside is that if Thursday's unemployment claims are bad enough, it might spur Republicans to agree to a larger stimulus package. But Trump is increasingly unpredictable.
Thank you, Ed.