Stunning recovery in the US third quarter GDP
About the author:
- Author name:
- By Michael Knox
- Job title:
- Chief Economist and Director of Strategy
- Date posted:
- 20 August 2020, 11:45 AM
The sharp fall in initial jobless claims, record high retail sales and the stunningly high nowcast of US third quarter GDP all suggest that this crisis was a natural disaster not a recession.
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View more analysis from Michael Knox by clicking on 'economic strategy' in the popular topics list, or listen to his full playlist of podcasts on Soundcloud. Alternatively, contact your Morgans adviser or nearest Morgans branch.
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