Sunday, June 07, 2020

Larry Summers: Torn Asunder In A Tumultuous Week

Fundamental constraints on the economy have not changed

June 5 -- Lawrence H. Summers, former U.S. Treasury Secretary, says that the rebound in U.S. hiring in May does not change the fundamental constraints on the economy. 
He cautions that the bounce-back in the labor market could reflect earlier optimism rather than current conditions

He joins David Westin for an exclusive take on "Bloomberg Wall Street Week."

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...