In one of our podcasts a few months back, we suggested comments from Fauci would have more influence over oil markets than anyone… Here is Austan Goolsbee quoted in an article by Tim Tankersley and Ben Cassleman, NY Times, here…
“When it comes to the recovery, “the virus is the boss, not the governor, not the mayor, not the president,” said Austan Goolsbee, a former top economist for President Barack Obama and the author of a recent study that found fear of infection — and not government lockdown policies — drove nearly all of the contraction in economic activity this spring.”
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