When the U.S shut down in March and April, one of the first economic victims was gasoline demand.
Second Quarter GDP
Like pretty much everyone expected, real GDP plunged in the second quarter at the fastest pace since the Great Depression.
“There is no such thing as a free lunch.”
How can Americans go out and buy more when they’re making less? The answer: borrowing from the future through government deficits.
4 Lessons from the Last Six Months
When 2020 started, two of my biggest event-driven, macro concerns were rising geopolitical tensions with Iran and the potential for a messy run-up to the presidential election.
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