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U.S recovery still uncertain

U.S recovery still uncertain
Given the magnitude of the economic downturn triggered by the pandemic, we still face the possibility of a coming wave of credit downgrades and defaults, says Jeremy Stein, a Harvard University professor and former Fed Governor. The money in savings and checking account that was $700M higher than March, but that will be spent eventually and if enough measures are not taken, things could head in any direction. Read more on this here.
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