Monday, July 19, 2021

The recession only lasted 2 months

See: https://www.zerohedge.com/economics/nber-tells-14-million-jobless-americans-recession-officially-ended-april-2020-shortest

"The committee has determined that a trough in monthly economic activity occurred in the US economy in April 2020," says the Business Cycle Dating Committee of the National Bureau of Economic Research.. "The previous peak in economic activity occurred in February 2020. The recession lasted two months, which makes it the shortest US recession on record."

I think there could be a double-dip, like the early 1980s.

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