Re: Is the US economy suddenly recovering?

Quote from: Juggy777 on June 29, 2020, 12:56:40 PM

It was obvious that in the long run we would have seen the US economy recover, but honestly I wasn’t expecting US economy to recover so fast, or is this just another false positive for us?. I’m referring to the article posted by CNBC where they have shown stats which proves that the US economy has started recovering despite many states yet being in lockdown. What are your thoughts on this, will the US economy recover faster than what we had anticipated?.

Source:

https://www.cnbc.com/2020/06/28/here-are-five-charts-illustrating-the-us-economic-recovery-amid-the-coronavirus-pandemic.html

I do not think that this is objective information. On the one hand, the situation is too embellished by the authorities, and on the other, a lot of dollars are printed. Now the United States has the largest number of coronavirus infected - more than 2 923 000 people. This country is now in first place for these sad statistics. Also, the unemployment rate has increased significantly, which means that the economy has fallen sharply.