What Are the Chances of a V-Shaped Recovery?

So why should you care whether the US economy is in a recession? By many estimates, growth in the second quarter is likely to come in at an even more disappointing rate. With unemployment spiking and various leading indicators still in decline, there’s little doubt that a recession has arrived. An important question today is how deep this recession will be and how long it will last.     Now, beyond being an intriguing subject for economists and pundits in the…

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