Economy can stand on its own two feet, but stimulus would have removed downside risk, says investing pro

Mike Feroli, J.P. Morgan chief U.S. economist, and Ed Mills, Raymond James managing director, join ‘Closing Bell’ to talk about the impact of President Trump’s decision to halt coronavirus stimulus deals on the broader economy. Postponing the stimulus talks removes what would have been a pretty significant risk to upside growth, says Feroli. Politics got in the way, says Mills, and it’s too late to be negotiating a package this close to the election.

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42 minutes ago