All tagged michael spears

Michael Spears: Are the economic risks on the rise?

Over the past two weeks, we’ve had some good news. It looks like the second wave of coronavirus infections has peaked and turned back down. Case growth is down significantly from the peak, and the case growth rate has returned to the lows seen in mid-June. In most states, the data indicates that outbreaks are being contained.

Michael Spears: Second wave looks to have peaked

This week, we had some progress on the pandemic front, as things started to improve after the stabilization we saw last week. Case growth peaked, at least in the short term, and the case growth rate ticked down. Further, outbreaks in many states are now being contained, as expected. The economic news is better, with the recovery continuing. That said, there are signs of weakness.

Michael Spears: Is the risk of a second wave of infections rising?

Over the past week, we’ve had some good news in that there hasn’t been any sign of a national second wave of infections. In fact, the spread rate dipped below 1 percent for the first time on two days, and case growth seems to have stabilized to around 20,000 per day. From an economic perspective, the news is good, as the reopening is proceeding smoothly. Let’s take a look at the details.