Dollar: life will be bad, but short

The current recession of the US economy can be the deepest but it won’t last long

The Senate adopted the $2-trillion stimulus plan, and the US stocks have had the first two-day rally since February. The Dow Jones Industrial Average has gained 12%, the best rise since 1987. According to the White House economic adviser Larry Kudlow, taking into account the Fed’s aggressive monetary expansion, the total coronavirus aid package should reach $6 trillion, which is about 30% of the U.S. GDP. It will substantially greater than Barack Obama’s $800-billion stimulus plan. Unlike the previous crisis, the current recession should be deeper,…<br /><p>Read full author’s opinion and review in blog of #LiteForex</p>