Kudlow: US still set for a 'v'-shaped economic recovery – CNBC interview


In a CNBC interview, White House economic adviser, Larry Kudlow, says US still set for a 'v'-shaped economic recovery.

Additionally, he says the administration wants to give Americans a bonus for re-employment as it considers further coronavirus relief.

Kudlow tells reporters he expects an in-person G7 meeting to be held this year.

Market implications

Meanwhile, more than 10 million people across the globe have tested positive for the coronavirus, WHO Director-General Tedros Adhanom Ghebreyesus said Monday, nearly 180,000 of whom tested positive in the last 24 hours.

Markets have so far been buying the v-shaped recovery theme and data has also been impressive at the start of the week. 

 

 

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