J.P. Morgan out with new GDP estimates. (Kids, cover your eyes.)Q1: -4%Q2: -14% Q3: +8%Q4: +4% Full year: -1.5% overall. Unemployment rate goes to 6.25% midyear, 5.25% in Dec.— Kelly Evans (@KellyCNBC) March 18, 2020
J.P. Morgan out with new GDP estimates. (Kids, cover your eyes.)Q1: -4%Q2: -14% Q3: +8%Q4: +4% Full year: -1.5% overall. Unemployment rate goes to 6.25% midyear, 5.25% in Dec.