The Fed Will Be Forced to React

The outlook for action in this latter regard is not good. Partisan enmity is at a level i have never seen before, especially given fight over the supreme court nomination. With the two houses of congress in the hands of warring parties, i'd be pleasantly surprised if they cand agree on anything before the election. Our hunch is the fed will be forced to react. The n recovery everyone's counting on is not an independent event unaffected by developments. Rather, it is highly dependent on progress against the disease, as described above.