SAN FRANCISCO - As many parts of the world’s biggest economy begin to reopen after weeks of stay-at-home orders that slowed the spread of the coronavirus but gutted jobs, Americans should not expect a quick return to growth, U.S. Federal Reserve officials said on Friday.
The virus has continued to spread across the nation, with nearly 1.3 million people infected so far and more than 77,000 dead. Interviewed by Fox News on Friday, U.S. President Donald Trump said that the jobs will be back. “They’ll be back very soon, and next year we are going to have a phenomenal year,” he said.
Flash430 This K-shaped recovery will turn fun exactly at that point where the losing majorty starts looking for a culprit to blame and an Adolf to follow...
Accountability for negligence. Faucci who single handily destroyed our economy by KNOWINGLY touting and presenting POTUS with a flawed and now discredited Imperial College Model showing 2.2MM deaths. No new virus strain has caused that many. Negligence has led to 33MM job losses
Accountability for negligence. Faucci who single handily destroyed our economy by KNOWINGLY touting and presenting POTUS with a flawed and now discredited Imperial College Model showing 2.2MM deaths. No new virus strain has caused that many. Negligence had led to 33MM job losses
Look at past recessions. Not all the jobs will come back and spending habits will change permanently. A three month emergency fund is not enough these days. Six months is the new norm.
‘V’ shape? Can also forget ‘U’ shape as well. Think US is only going to have ‘I’ shape
Who cares? Stock market about a new ATH... what a time to be alive...
amirhimself Definitely 'O' shape
The V-shaped recovery is a simple Nasdaq stock baby. It means 1% party, not economy
How effective are v-shaped guillotines btw? Asking for 9 billion friends.
People up voting this are sick We should have never closed state mental hospitals.
Which numbers are you talking about, there are too many
It's already too late. We have to prepare for a recession.
Didn't the economy just start opening up? The stock market did a pretty good recovery so far.
This is what happens when you bail out big corporations but not your citizens.
Not even even a U, more like an L.
L__________________________________,-------------;____/
As long as we still have money for the wall.....
I miss Obama
stocks only go up though how can the economy go down
realDonaldTrump Will Work it out.
We knew that months ago. The Fed is just now figuring this out?!?!?
The Fed is on the way out anyway. Everyone who is anyone in the know, knows the Treasury Department now has almost full control of the Federal Reserve.
Well, duh. We’re headed to L.
they will be wrong. V-shape coming. OPENAMERICANOW
Did they said that after the close ?
Maybe the problem isn’t the recession of 2009 or the Corona Virus but our weak fragile economy that needs to be restructured to withstand anything. What needs to change and let’s change it. POTUS realDonaldTrump mcuban
gosh you're kidding
Only God will forgive the people that brought about shutting down the World Economy by 'FEAR & PANIC' PROPAGANDA over the common flu. The Truth about what happened and is happening will eventually be told...
Everything Trump touches dies.
More like a nike swoosh, a very long one. Under PRESIDENT BIDEN.
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