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December 4, 2020

RECESSION

Schumer ups pressure for Covid stimulus deal, warns of double dip recession as job growth slows

CNBC
CNBC – For more and to sign up click here U.S. Senate Democratic Leader Chuck Schumer (D-NY) takes questions during a news conference on Capitol Hill in Washington, December 1, 2020. Kevin Lamarque | Reuters Top congressional Democrats ratcheted up the pressure to strike a coronavirus stimulus deal Friday after......

Virus surge is leading to a double-dip recession and dollar crash, economist Stephen Roach warns

CNBC
CNBC – For more and to sign up click here The U.S. may be on the cusp of a double-dip recession. Economist Stephen Roach believes surging coronavirus cases are disrupting Wall Street’s hopes for a V-shaped recovery. “With the infection rate soaring right now, a still vulnerable U.S. economy is......

Biden Team, Pushing Quick Stimulus Deal, Prepares for Renewed Recession

New York Times
WASHINGTON — Advisers to President-elect Joseph R. Biden Jr. are planning for the increasing likelihood that the United States economy is headed for a “double-dip” recession early next year. They are pushing for Democratic leaders in Congress to reach a quick stimulus deal with Senate Republicans, even if it falls......

Economist Stephen Roach issues new dollar crash warning, sees double-dip recession odds above 50%

CNBC
CNBC – For more and to sign up click here U.S. faces dollar crash, high double-dip recession odds: Stephen Roach SEARCH QUOTES Source – Click here for more To Return to the Main Aggregate News Page – click here...

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