The Incoming Dead Cat Bounce In Economic Data

To investors,

The coronavirus has ground the US economy to a halt. Most of the population has spent the last 6-8 weeks sitting in their homes, which means they are spending less than they traditionally would. This is both intuitive and backed up by data — GDP fell 4.8% in Q1 2020.

Most economists and bank analysts believe Q2 will be even worse. Thankfully…