Bargain speaks on a online event
Richmond Fed's Barkin speaking on a online event is saying:
- Spending is going back faster than jobs
- some workers frozen by mismatch of skills vs. open jobs
- divided government looks highly likely
- recent escalation in cases makes him believe we still have a way to go
- may be one more smaller targeted stimulus, but may see revisiting of fiscal prudence in next month's
Fed's Barkin will be a voting member in 2021
