The US economic recovery could take 4 years after government relief efforts come up short, Guggenheim's Scott Minerd says

· The US economy will recover in an L-shaped trend over four years, Scott Minerd, chief investment officer at Guggenheim Investments, wrote in a Sunday note.
· Lockdowns will be reversed gradually, and rolling periods of lockdown will likely continue into 2022, he added, citing a Harvard study.
· The government and Federal...