• White House economic adviser Hassett: Q2 GDP could be negative 20-30%, but Q3 GDP will likely be positive - CNBC

Market news

27 April 2020

White House economic adviser Hassett: Q2 GDP could be negative 20-30%, but Q3 GDP will likely be positive - CNBC

  • Says unemployment levels could reach levels of Great Depression
  • Unemployment for April jobs report could be 16-17%
  • Q1 GDP is likely to be negative
  • Q2 GDP could be negative 20-30%
  • Q3 GDP will likely be positive

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