COVID-19 does not care who wins or loses the election
Plus, what’s going on with Ant Group’s planned IPO? Also, what exit polls can and can’t tell us about what’s on the mind of voters. And, how productivity has been hit by election uncertainty.
Diane Swonk, chief economist at Grant Thornton, says layoffs are “stubbornly high” and it looks like employment slowed further in October. “That ups the ante that the wounds triggered by COVID will leave more permanent scars on the U.S. economy,” Swonk said.