Monday, March 09, 2020

Summers: Micro-Targeted Stimulus Not Enough, Recession More Likely Than Not

Markets are saying a lot about the decline > time to think MACRO. 
Recession more likely than not
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•Mar 9, 2020


Mar.09 -- Former U.S. Treasury Secretary Lawrence H. Summers, a Bloomberg contributor, discusses the efforts by U.S. policymakers to offset the economic impact of the coronavirus outbreak. He speaks with Bloomberg's David Westin on "Bloomberg Markets: The Close."
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Believe it or not > This is severa degrees above the daily "normal" for summer temperatures...remainder of the week a degree or two warmer :)

  US National Weather Service Phoenix Arizona   t͏ o͏ r͏ o͏ S͏ d͏ n͏ p͏ e͏ s͏ 5͏ 3͏ 8͏ c͏ u͏ 5͏ a͏ 6͏ 1͏ t͏ f͏ 2͏ c͏ 6͏ m͏ g͏ 4͏ u͏ i͏ 1͏ 5͏...