Co-produced with Trapping Value
To Kill The Virus, You Have To Kill The Economy?
As the U.S. joins its transatlantic friends in shuttering a large part of its economy, investors are finally seeing the dire situation played out. coronavirus case loads continue to move up rapidly, and increasingly the public is staying indoors. Multiple investment banks have tried to extrapolate where this all leads. JPMorgan (JPM) suggested that Italy was likely to pass its Coronavirus peak soon.
LONDON (Reuters) - JPMorgan said on Tuesday it expected "active" coronavirus cases in Italy to peak