Economy, The Us Economy İs About To Shrink, Jpmorgan Warns - Cnn

Economy, The Us Economy İs About To Shrink

The US economy is about to shrink, JPMorgan warns

'This winter will be grim,' JPMorgan economists wrote in a client note, 'and we believe the economy will contract again' in the first quarter

11/21/2020 6:01:00 AM

'This winter will be grim,' JPMorgan economists wrote in a client note, 'and we believe the economy will contract again' in the first quarter

The pandemic is intensifying, statewide curfews are back and Washington is asleep at the wheel. This toxic backdrop is derailing the US economic recovery just as Joe Biden prepares to take charge — and JPMorgan is warning the economy is in fact about to shrink.

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Biden Economy 😂