US RECOVERY ON SPEED, ALL SET TO OUTPERFORM CHINA’S V-SHAPED REBOUND: JPMORGAN

Highlights

• As per the projections made JPMorgan, indications of resilience in global industry, a jump in American retail spending together with fiscal stimulus across the globe point to higher growth in the US

• JPMorgan said that the alignment of the US fiscal stimulus and rebound from COVID-19 in Europe will help in bringing a surge of 7.6 percent in the global GDP around mid-year

According to JPMorg....