
Three trends that may determine how the economy moves past the coronavirus.
As the unofficial start of summer begins with the Memorial Day holiday, there are three trends worth following which may determine how the economy moves past the coronavirus. The reopening. Most states have begun to open up in some form. A few states have been open for weeks and have not yet seen a resurgence in cases, which if the trend continues, would be a great proxy for the rest of the country. Don't fight the Fed. Last Sunday on 60 Minutes, Fed Chairman Powell re