Take Ten - COVID risks to GDP

This week’s data is all about the balance of the challenges and supportive fundamentals. The June quarter GDP was a good starting point, but the outlook is dampened by global economic shrinkage of 3% and the potential risk of COVID mutations. Meanwhile, Jackson Hole has shed some light on the US Federal Reserve’s monetary possibilities. What’s on their radar? Reach out via qpod@qic.com if you have any feedback or suggestions for future episodes.