Hide Not Slide Retweeted Jesse Felder
Top 3 driver of markets in 2H 2020 imo It's political gridlock going into election season vs. extreme need for assistance amid lockdowns - which way will politicians break?https://twitter.com/jessefelder/status/1277644478015209473 …
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Jesse Felder @jessefelder
'It’s a cash cliff millions of Americans face this summer as the emergency benefits — which lifted U.S. consumer incomes by a record 10.8% in April — expire. The drop-off in support is expected to reduce GDP by 2.5% in the second half of 2020.' https://www.reuters.com/article/us-usa-economy-cliff-analysis-idUSKBN24014U …
11:42 AM - 29 Jun 2020
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