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More Self-Inflicted Risks Than We Need

From blogs.uoregon.edu

I don’t know what to tell you. Seriously. Our government just seems to want to inject additional risk into an already troubled situation. In some ways, it’s all straightforward. We deliberately brought the economy to a stand-still. We got behind the curve on the Covid-19 virus and really didn’t have much of a choice but to shut it all down. The immediate outcomes were fairly predictable. Employment dropped sharply and household spending plummeted. We know the former already via initial jobless claims and employment reports and we get another round of negative news on that front this Friday. Last week we saw how ... (full story)

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  • Category: Fundamental Analysis