Greetings,
United States: The Oxford Economics activity tracker shows the US recovery slowing.
After a sharp post-reopening rebound, we are entering the slow phase of the recovery.
Eurozone: Italy has been issuing large amounts of bills to cover crisis-related expenses.
Europe: European household saving rates rose sharply this year.
Equities: Earnings estimates appear to have stabilized.
Global Development: The IMF now sees a deeper 2020 recession than its April estimate.
Food For Thought: Support for returning to lockdowns:
Edited by Daniel Moskovits
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