Recently we have seen a lot of data indicating that the US economy, after a few desperate months of decline, has now stopped this horrible free-fall. After plummeting at record rates in March and April during the shutdowns, we are now starting to see data which is showing rebounds.
The US and Canadian economies are running much hotter than we could have imagined a few months ago - stunning job gains compared to expectations of huge losses. It would appear that both economies have hit bottom and are on the rebound.
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