JPMorgan's Mary Erdoes Warns of Stimulus-Fueled Zombie Companies

Mary Erdoes said she’s worried about unintended consequences of stimulus measures imposed by central banks to cushion economies in the wake of the coronavirus pandemic.  “I’m not worried about the stimulus” ending, Erdoes, who runs JPMorgan Chase & Co.’s asset- and wealth-management unit, said in an interview Monday at the Bloomberg Invest Global 2020 virtual conference.