Also fueling the momentum for a Phase 4 fiscal package in the US: Growing (correct) realization of the blow to the economy. As an example, Goldman Sachs economists just revised down sharply their outlook for the US including taking: The annualized Q-2 GDP contraction down from 24% to 34% (with a 19% bounce in Q-3), and The unemployment rate up from 9% to 15%. #economy #markets #economics #investmentmanagement #volatility #recession #equities #centralbanks #interestrates #investing …see more