Bill McBride is an analyst worth listening to on the economy even though he specializes in real estate. He doesn't have an axe to grind. He doesn't see a fast snapback.
Best line:
(Note: This was NOT a "stimulus" package, this was disaster relief).Calculated Risk
The Economic Outlook
Bill McBride
2 comments:
Goldman calling V
https://www.cnbc.com/2020/03/31/coronavirus-update-goldman-sees-15percent-jobless-rate-followed-by-record-rebound.html
Bloomberg no V
https://twitter.com/economics/status/1245097390643830787?s=20
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