The coronavirus is crushing supply chains and is a major threat to the global economy

Whenever I give the 'all-clear’ to the US economy - even on a near-term basis, I am always a little uneasy given how little we know about the lasting impact the coronavirus will have. And sure enough, after yesterday’s post on the wherewithal of the US economy to withstand the shock over the next six months, data comes out disproving my claim.

So, I am g…

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