More Hurdles to Financial Equilibrium, Recovery, and Growth

  • The macroeconomic situation is momentous. Elevated savings likely for prepping, not near-term spending.

  • Still no significant ground made on federal relief. “Final” round may come in next month or two, but it will be narrower than HEROES Act, says Leader McConnell.

  • The impact from the violent demonstrations and protests across the country could delay state, regional, and city efforts to return to a more normal fiscal landscape.

  • Hurricane season begins today. An above average to exceptionally active 2020 hurricane season could be another obstacle.

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