Or the like. Would be interested to see the full text of this note referred to here:
The U.S. economy could shrink 4% this quarter and 14% next quarter, and for the year is likely to shrink 1.5%, a JP Morgan economist said on Wednesday, in one of the most dire forecasts yet issued for the potential hit from the coronavirus epidemic.
U.S. chief economist Michael Feroli al
There’s a hell of a difference between a 14% for a quarter decline and a 14% for a year. So, I’d like to see what he’s saying in detail.