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Q: Is this comparable to Great Depression.......>

FED
FED: Q: Is this comparable to Great Depression scenario? Is strong performance
of stock market disconnected with reality?
- A: Really don't think Depression a good model for what's happening now, many
fundamental differences (this time: forceful and fast gov't support, economy was
already in a healthy place, financial system is in good shape).
- Next months important re data about opening. Assuming COVID remains under
control, expansion will build momentum. Ultimately we see a full recovery over
time. Certainly not the Depression forecast.

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