Macro Briefing | 23 April 2020

The grim calculus for deciding when to reopen the economy: NY Times
US jobless claims expected to rise 4.5 million in today’s report: USA Today
Trump signs order to suspend immigration: Bloomberg
Eurozone PMI: “unprecedented collapse of Eurozone economy” in April: IHS Markit
Record decline in UK economic output in April amid public health crisis: IHS Markit
Japan’s economic decline intensified in April via PMI survey data: IHS Markit
Bankruptcy threatens US energy industry after supply/demand shock: Reuters
A closer look at IMHE’s widely cited Covid-19 forecasting model: Quartz
Treasury market’s implied inflation outlook is below 1% for 5- and 10-yr maturities: