It’s no small thing when a massive, supply side shock wreaks havoc across the global economy. Economic theory predicts a sharp rise in prices from such events. All else equal, if supply drops, prices are expected to rise. But all else has been far from equal in the coronavirus crisis of 2020.

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No deal in sight for coronavirus relief legislation: The Hill
Fed leaves rates unchanged; plans to maintain strong monetary stimulus: CNBC
Fed Chairman Powell sees “extraordinarily uncertain” economic future: NYT
Small business sector at risk of mass closures: Reuters
Today’s Q2 GDP report expected to post historic loss: Reuters
Misinformation on coronavirus creating challenges for managing crisis: AP
Big tech takes a beating in congressional hearing: WSJ
German economy crushed in Q2 — GDP fell 10.1%: Bloomberg
US pending home sales surged in June, rising nearly 17%: CNBC
Gold rises to record high: CNN