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The US economy can live with stimulus being delayed as long as it is implemented by early 2021, JPMorgan says

16 days ago   |   By Business Insider

Summary List Placement
The US can live with a delayed new federal coronavirus relief package as long as it is implemented by early 2021, JPMorgan Asset Management global strategist Patrik Schowitz told CNBC.
"It'll be better to get the stimulus now but as long as we get it early next year, we think the economy will be able to get through that," the global strategist said, after President Donald Trump abruptly halted discussions over stimulus spending.
A second round of spending could be pushed to after the elections because both Trump and Democratic challenger Joe Biden want their name on...
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