J.P.Morgan goes “negative”, the class of COVID-19, and a $5M TV timeout?

CNBC

J.P.Morgan says GDP will shrink in Q1, as positive vaccine news isn’t enough to offset the damage done from new lockdowns.

Is this a blip, or a double-dip downturn ahead? Our market experts debate.

Plus, as more school districts send students back home, the economic strain on them could be felt for years beyond this pandemic. We’ll explain why.

And, the PAC-12 Conference is reportedly losing about $5 million in TV revenue for every football game it cancels due to COVID-19. Can it sustain these financial hits? We’ll discuss in Rapid Fire.