To Larry Summers, today’s trove of saved-up cash will juice consumer spending. TS Lombard is skeptical, due to the persistent virus.
Tag: Great Depression
Big question: Will it keep going? Herbert Hoover’s showing was pretty good, too.
Flanked by giddy bulls and gloomy bears, the Nuveen strategist looks for an earnings rebound in the fourth quarter and a lessening of the virus’ malign effect.
The Grave Dancer says virus shock will scar Americans’ psyches, but should benefit bargain hunters like him.
Group proposes four-point plan for ‘bridge to recovery,’ saying many emerging countries will need a reallocation of their limited public resources and an increase in the world’s flow of resources to them.