Incredible day in the markets.. #dow up 1600...as investors grow more optimistic on our future. Let’s hope they’re right on that “V” shape recovery because it is critical our economy return to its vibrant self as soon as it is possible.
We are likely in the 13th recession since WWII. Fastest recession ever was 6 months in early 1980s. Of course, none saw an economy this strong heading into it or saw this amount of fiscal/monetary stimulus so quickly as well. Good chance this is the quickest recession ever.
U.S. Is Nowhere Close to Reopening the Economy, Experts Say
How best to respond to the coronavirus will vary by country, but in all cases, the challenge essentially is a three-way tug of war between combating the disease, protecting the economy and keeping society on an even keel, writes Gabriel Leung
It's incredible that this has to be said: Letting thousands of people needlessly suffer and die is wrong. It's also not a recipe for rescuing the economy.
It will be REAL hard for Trump Republicans, who are now suggesting we risk 2.5% of the population - or 8+ million people - so we can prematurely reopen the economy, to make the pro-life case after this.
1. With the coronavirus killing thousands and threatening to tank the global economy, I feel like more people should be talking about the fact that Trump fired the entire pandemic response team two years ago and then didn't replace them