I think almost every country was hit and it depends on what the governments did to see how long lasting the effects were. For example the US is probably contracting but it was improving because they put a bunch of programs out there.
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Big drop off in 2020, nice bounce off the lows.
However, still below where we were pre-covid and I dont think the rosy eyes of expansion are going to be rewarded.
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Well the expansion is going to die because the eviction moratorium and unemployment will be going away soon. At least it will mean a lot less discretionary spending by people.
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