Re-opening Begins in Some States

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In-Brief

1. Planning is underway for the re-opening of American society and the economy. The rollout will begin quite soon but the actual re-opening will be phased and slow with considerable variation between different parts of the country.
2. Donald Trump and Joe Biden both have substantial political strengths and opportunities supporting their electability.
3. China continues under attack for its lying about the Wuhan coronavirus. US public opinion has now turned dramatically against China and its leader, President Xi.
4. The US economy will be slowly re-opened and will probably begin a brisk recovery in the 3^rd quarter after a terrible 2^nd Both government spending and Fed monetary actions against the economic crisis have been unprecedented.