Kudlow: There’s No Second Wave, It’s Just “Hot Spots”

CNBC reports:

White House economic advisor Larry Kudlow told CNBC on Monday that a “second wave” of coronavirus cases isn’t coming and that lawmakers will likely develop another stimulus package by the end of next month.

Asked by “Squawk Box” co-host Becky Quick how he’s thinking about resurgences of Covid-19 cases in several states, Kudlow said he isn’t too concerned.

“There is no second wave coming. It’s just hot spots. They send in CDC teams, we’ve got the testing procedures, we’ve got the diagnostics, we’ve got the PPE. And so I really think it’s a pretty good situation,” said Kudlow.