Virus surge is leading to a double-dip recession and dollar crash, economist Stephen Roach warns

(CNBC) The U.S. may be on the cusp of a double-dip recession. Economist Stephen Roach believes surging coronavirus cases are disrupting Wall Street’s hopes for a V-shaped recovery. “With the infection rate soaring right now, a still vulnerable U.S. economy is likely to experience further lockdowns,”

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