Now that’s what I call a V!

There’s been lot’s of speculation about whether recovery from the COVID-19 resession will be rapid or slow. Recessions with rapid recoveries are often called “V-shaped,” and this chart released by the Federal Reserve Bank of St. Louis suggests we’re in the midst of a recovery that’s very v-shaped indeed:

 

 

H/T: Jason Furman

Jon Guze / Director of Legal Studies

Jon Guze is the Director of Legal Studies at the John Locke Foundation. Before joining the John Locke Foundation, Jon practiced law in Durham, North Carolina for over twent...

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