A 2nd wave of US virus cases will plunge the economy into a depression, Moody's economist warns

A 2nd wave of US virus cases will plunge the economy into a depression, Moody’s economist warns

  • A second wave of coronavirus cases would quash hopes for a swift recovery and push the US into a depression, Mark Zandi, chief economist at Moody’s Analytics, told CNBC on Friday.
  • States have begun reopening their economies to keep businesse‚Ķ

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