U.S. Recession 'Inevitable,' Standard Chartered's Hewin Says

The video discusses the US economic outlook amid uncertainties, predicting an inevitable recession due to disruptions caused by the coronavirus. The second quarter is expected to be significantly impacted. Initial data showed a stable economy, but recent surveys indicate a downturn. The discussion also covers the potential for market recovery, focusing on the coronavirus's trajectory and its impact on global markets, with China as a case study. The economic data is expected to remain poor in the coming months.

What is the main reason for the expected US recession discussed in the video?

• Disruption to the economy and business halts

• A sudden increase in consumer spending

• An unexpected boom in the housing market

• A rise in manufacturing output

According to the video, which quarter is expected to show the biggest economic impact?

• Second quarter

• Fourth quarter

• First quarter

• Third quarter

What should be closely monitored to predict market recovery?

• The plateauing of coronavirus cases

• The number of new businesses opening

• The increase in consumer confidence

• The rise in stock market indices

What example is given in the video to illustrate the virus's impact on the economy?

• The economic boom in India

• The industrial growth in Germany

• The financial crisis in Greece

• The economic slowdown in China

What is the expected trend for economic data in the coming months according to the video?

• A positive growth trend

• A stable outlook

• A negative outlook with poor data

• A significant improvement