Macro ESG Daily: US & EM’s are Getting Stuck in a Negative Feedback Loop
This is a negative feedback loop – the virus continues to soar, so the economy is dead and the government stimulus lifeline that was keeping consumer spending stable is about to take a hit. So, the economy will decline, and the virus will continue to grow as people are continuing to interact outside of their homes looking for work. It will just continue to get worse and worse until after the elections when the new President calls for a lockdown. www.macroESG.com #macroESG --- Send in a voice message: https://anchor.fm/macro-esg/message