Daily Archives: Sep 22, 2020 at 07:37 am EDT

Is The US Economic Recovery Fading?

Judging by several third-quarter GDP nowcasts, the rebound remains strong. But GDP estimates only capture one dimension of how the economy is faring in the wake of the coronavirus recession. For deeper insight, monitoring various real-time indexes is useful. By that standard, the current outlook remains mixed.

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Macro Briefing: 22 September 2020

Trump expected to name Supreme Court nominee by Saturday: Reuters
McConnell: Senate may hold Supreme Court vote before election: BBG
Fed’s Powell: US economy improving but faces ‘highly uncertain’ recovery: BBG
Obamacare may be toast after Ginsburg’s death: HP
China’s recovery may be key marginal driver of global GDP: CNBC
China compiling blacklist of US companies to punish tech firms: WSJ
Different paths on climate change for Big Oil in Europe vs. US: NYT
Chicago Fed Nat’l Index: Growth slowed in Aug but remained above average: AP