U.S. economic recovery is stalling and it may even get worse

Bloomberg/Maeve Sheehey and Steve Matthews/7-23-2020

“The official numbers have begun to confirm what many Americans feel in their bones: the economy is buckling once again. Despite assurances from the Trump administration that better times are at hand, the worsening pandemic is restraining or even snuffing out the economy’s nascent recovery.”

USAGOLD note:  All of which raises the prospect of even more aggressive monetary and fiscal policies in the weeks and months to come – particularly if virus case counts continue to rise.