The Credit Writedowns Newsletter

Share this post

US economic outlook to now deteriorate quickly

pro.creditwritedowns.com

US economic outlook to now deteriorate quickly

Edward Harrison
Aug 11, 2020
6
1
Share this post

US economic outlook to now deteriorate quickly

pro.creditwritedowns.com

When I last wrote about the US economy on Friday, I wrote that the jobs numbers "support my baseline view that the rollover in US GDP growth has been mild so far. The threat to that outlook comes in the form of policy and the anticipated business bankruptcy wave that will hit after the summer."

Those threats are now crystallizing. There will be no budget…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2023 Global Macro Advisors
Privacy ∙ Terms ∙ Collection notice
Start WritingGet the app
Substack is the home for great writing