The Weekly Bottom Line: Spending Plunges but Fiscal Supports Boost Income

<p>U.S. Highlights Optimism on economic recovery and new fiscal stimulus measures lifted equity markets this week. Economic data continued to show the plunge in activity due to lockdown. Real personal spending was down 13.2% in April and close to 20% since February. The good news is that fiscal supports more than offset the impact of […]</p>
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