Jobs not galore. And the target keeps moving.
People who need support, should get support. As for the rest? On my soapbox, wildly wagging consumer income and spending data.
GDP back to Q1 2018. Worst ever “net exports.” The decline in government spending was also a drag. “GDP per Capita” bounced back only to 2017 level.
Something is afoot here. And someone is going to be wrong.
There’s a housing shortage until there’s suddenly a housing glut: see San Francisco et al.
As seen by indicators that have sprung up as a result of the Pandemic.
Under the effects of the Pandemic, consumers and businesses grapple with their own “Reset.”
Better produce a big-fat stimulus bill pronto and keep eviction bans and forbearance going, or else these companies will face economic reality.
Depicted by my 13 whiplash-charts.
Retail prices of used cars & trucks spiked most since 1969 despite lower sales and plenty of supply. Wholesale prices, after biggest spike ever, are already falling.