Originally Posted by
Lucifer
As they say.... the Devil is in the details.... however, I'd say the prediction of a V recovery will prove to be very accurate.
Reality is that it's going to be a K recovery. Unless; there is going to be a stimulus to the economy aka giving people money such as stimulus checks or better yet bringing back the $600 to UI. Giving money to a regular joe will help keep the money flowing in the economy. Now that the money has dried up people are being more careful on what they spend their money on or they just save it which is smart for the person but not the economy. Basically the gov't has to spend money so that people (bottom 50%) are confident in the economy. If the people aren't confident then well, I'm going to be a CFI for a much longer time.
-Daddy