White House economic advisor Kudlow says it will be big mistake if economy shut down again - CNBC

Market news

8 July 2020

White House economic advisor Kudlow says it will be big mistake if economy shut down again - CNBC

Doesn't think administration is underplaying threat the virus poses to public
Says, in general, hospitalization capacity is plentiful
Huge jump in cases, looks like virus migrated south and then west
Fatality rate continues to fall
Every piece of data shows a V-shaped recovery
Says another economic shutdown in order to slow the spread of coronavirus would do more harm than good

Donald J. Trump @realDonaldTrump: "Economy and Jobs are growing MUCH faster than anyone (except me!) expected"

U.S. Stocks open: Dow +0.40%, Nasdaq +0.80%, S&P +0.49%

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