INSIGHTS Insights for 6-17-20 By Staff Tuesday, June 16, 2020 10:32 AM "It's now pretty easy to imagine a full reopening of the economy taking all components of retail sales back to their pre-Covid level by, say, July."Ian Shepherdson, chief economist at Pantheon Macroeconomics, writing in a note to clients Tuesday after the Commerce Department reported that U.S. retail sales increased a record 17.7 percent in May, more than double the consensus economist estimate. The comments were reported by Business Insider here.