Bloomberg Surveillance

Surveillance: Expect Growth in 2nd Half, Kudlow Says

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Catherine Mann, Citi Global Chief Economist, says the disconnect between wages and prices could get bigger when the economy opens back up. Ellen Zentner, Morgan Stanley Chief U.S. Economist, says that out of the 30 million jobless claims filed, it is reasonable to expect about 10-12 million jobs to return by the end of the year. Jeff Rosenberg, Senior Portfolio Manager on BlackRock's Systematic Fixed Income Team, says the path of the recovery will be informed by how many temporary layoffs become permanent. Lawrence Kudlow, National Economic Council Director, expects a significant bounce back in growth in the second half of the year. Dr. Andrew Pekosz, Johns Hopkins University Bloomberg School of Public Health Professor and Virologist, says things have been moving forward at light speed when it comes to vaccine testing.