Re-openings Start Soon

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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. We will get past the health and economic crises created by the coronavirus pandemic when our fear of getting the disease or giving it to an old or sick loved one recedes markedly. Then the governors will re-open our states and cities. Also crucially important is when we gain confidence that the doctors can save us if we get a serious case of the disease.
3. Donald Trump and Joe Biden both have substantial political weaknesses and threats to their electability.
4. China’s economy fell by 7% from the last quarter of 2019, its first such decline in over 40 years. This was caused by the Wuhan Chinese coronavirus.
5. 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