People walk through the Rockefeller Centre in a subdued New York City on December 20. The resurgent pandemic has caused an economic slowdown in the US. Photo: AFP People walk through the Rockefeller Centre in a subdued New York City on December 20. The resurgent pandemic has caused an economic slowdown in the US. Photo: AFP
People walk through the Rockefeller Centre in a subdued New York City on December 20. The resurgent pandemic has caused an economic slowdown in the US. Photo: AFP
Chaoping Zhu
Opinion

Opinion

Macroscope by Chaoping Zhu

What the US’ latest stimulus bill means for investors in the new year

  • The short-term nature of the stimulus package underscores the need for the new Congress to provide further relief
  • The long-term costs are also worth watching, as we hopefully approach the end of the pandemic and look towards a broad economic rally

People walk through the Rockefeller Centre in a subdued New York City on December 20. The resurgent pandemic has caused an economic slowdown in the US. Photo: AFP People walk through the Rockefeller Centre in a subdued New York City on December 20. The resurgent pandemic has caused an economic slowdown in the US. Photo: AFP
People walk through the Rockefeller Centre in a subdued New York City on December 20. The resurgent pandemic has caused an economic slowdown in the US. Photo: AFP
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Chaoping Zhu

Chaoping Zhu

Chaoping Zhu is a Shanghai-based global market strategist at JP Morgan Asset Management. Prior to joining J.P. Morgan in 2017, Chaoping served as China economist at UOB Kay Hian. He also served as a research analyst at the Brookings Institution and Tudor Investment Corporation.