[…] “This winter will be grim, and we believe the economy will contract again in 1Q,” the economists wrote. “We think the trends in the labor market should roughly follow what we expect for consumer spending — job growth should weaken noticeably around the turn of the year as the virus weighs on the economy, and then pick up again early next year once vaccine distribution eases virus concerns and fiscal support boosts growth.”   https://www.pymnts.com/economy/2020/jpmorgan-spiking-covid-19-signals-likely-q1-gdp-slump/ […]