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US economic outlook to now deteriorate quickly
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US economic outlook to now deteriorate quickly

Edward Harrison
Aug 11, 2020
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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…

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