Weekly Wrap – Optimists cheer, Cassandras sneer, reality is somewhere in between

The U.S. economy picked up momentum this month as firms shook off the effects of the pandemic-induced downturn, though recoveries in other parts of the world slowed, according to new surveys of purchasing managers. Data released on Friday suggest U.S. firms are seeing demand return as they reopen from the lockdowns imposed in the spring […]

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