
Coming Into Focus
The Memo by Howard Marks
The Need for Further Assistance
Even with the disease controlled, economic stimulus is unlikely to reverse all the damage. The trama has been deep and the impact may not be easily shaken off. One of the things weighing on the recovery is the matter of help from washington. Whereas the treasury was able to announce aggressive spending grams in the spring, there has been no new package here in the fall.
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