Biden Bids to Stave off Recession

Download Steven Blitz's U.S. Watch, "Biden Bids to Stave off Recession"

  • Biden’s first wish list – staving off recession means going all out to reverse impact of Covid. His window to get most of what he wants is probably about six weeks.
  • The “invisible” recession threatens to become apparent, but vaccinations and less risk of fiscal drag help limit any slowdown and boosts long run growth. 
  • No lending means no inflation, a benign 2021 for the Fed and inflation.
Steven Blitz-Dec-08-2020-10-34-57-34-AM

Steven Blitz
Chief U.S. Economist

Steven joined the company in 2017. His professional experience as economist and portfolio manager began in the late 1970s.

Aside from his extensive client-facing work, Steven is a well-known commentator on economic and financial issues, is frequently quoted in the financial press, appearing on TV and radio, and writing guest columns for financial publications.

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