Controlling the virus and boosting the economy aren’t mutually exclusive, economists and health care experts agree; but they are mutually difficiult.
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It’s not surprising that reports of the impressive – actually, astounding – increase in the nation’s third quarter growth rate were drowned out by the pre-and post-election noise.
The COVID pandemic has created a cluttered and confusing financial landscape. It’s hard to know where to look or how to interpret what you see. Consider the housing market.
If home sales alone were an indicator of economic health, you might conclude that the economy has rebounded smartly from the pandemic-induced recession and is on a path for steady growth.
If timing is everything, the June employment report is a lot less encouraging than it appeared to be.
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