Stefan RuijsenÆrs Retweeted James Pethokoukis
JPM predicts a recessionhttps://twitter.com/JimPethokoukis/status/1238208191202238464 …
Stefan RuijsenÆrs added,
James PethokoukisVerified account @JimPethokoukis
JPMORGAN: "Revised GDP forecast of -2.0% annualized growth in 1Q, followed by -3.0% growth in 2Q. ... forecast assumes a fiscal response of about $500 billion. .... If the spread of virus moderates .... stage could be set for a return to growth in 3Q, when we forecast 2.5%"
6:19 PM - 12 Mar 2020
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