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The worst might be over for the economy, but the future’s not so bright, either

From cnbc.com

The worst of the news from the deepest one-quarter slump in U.S. economic history is in the past. The future is now the challenge, and it is not looking as bright as it once did. When what had been a finely tuned $21.7 trillion economy came to a screeching halt in March due to the coronavirus pandemic, expectations that were that the decline would only be temporary and the reopening would feature a swift, aggressive recovery. But the narrative is rapidly changing. {video} Employment gains that set records in May and June now seem to be evaporating as weekly jobless claims remain stubbornly higher. Consumer spending ... (full story)

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  • Category: Fundamental Analysis