Welcome to the Groundhog Day Economy (PS, It Sucks) - The Breakdown Weekly Recap

<p><span style="font-weight: 400;">As states shutter economic activity because of preventable COVID-19 outbreaks, it’s deja vu all over again. </span></p> <p><span style="font-weight: 400;">This is a movie we’ve seen before:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">Rise in what could have been preventable COVID-19 cases</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">A call for shutdowns (plus voluntary closures)</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Rampant politicization of health and economic issues rather than common sense approaches</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Persistent jobless claims plus new layoffs </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Wall Street nerves turning into new Federal Reserve and Treasury action</span></li> </ul> <p><span style="font-weight: 400;">Rinse, repeat, economy!</span></p>