Puny Q3 GDP Increase? Just a Bump in the Upward-Inclining Road, Says ING
Why the bank thinks 2021’s final period will be much better. Hint: consumers.
One reason is that spending-happy Washington will need more central bank Treasury buying.
Investors have been expecting further stimulus to keep juicing the markets, economist Lavorgna warns.
The nation is deep into an economic hole, but right now the huge debt issue is an abstraction with no effect on daily lives. Someday, that will change. Oh, will it ever.