Seriously you have to be seriously educated (PhD level) and brain damaged to be chief economist at Morgan Stanley and not have a coronavirus second wave effect on the economy in your forecast!
Idea is: No Shutdown, only a lockdown in certain areas, so the economy will grow. 
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I don't see what give you the confidence to think you can tell me what to do. It's like I'm not aware that this is an epic struggle here. There's a limit to the Fed's abilities. If you had an international perspective, maybe you'd see it. I know it's a tight bet, but...
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