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Jobs

The recession is over

The retail sales data coming out this morning makes clear that the recession that began in February is now over. The forward-looking questions go to what the shape of the recovery looks like, what the policy response will be and how asset…

The backside of the coronavirus storm

The eye of this economic and healthcare storm has passed over us and we are just now getting hit with the backside of the storm. And so, as I await the initial jobless claims report at 8:30 Am EDT, the question is: how bad will it be? But…

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