U.S. Is Between Modest Growth and a Contraction, Golub Says

U.S. Is Between Modest Growth and a Contraction, Golub Says

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Interactive Video

Business

University

Hard

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The video discusses the current market status, noting a 3% drop from all-time highs but dismissing recession fears due to stable economic data and earnings. It highlights the impact of global demand, particularly from China, on the stock market, emphasizing that a strong economy isn't necessary for a healthy market. The discussion shifts to the trade war's potential impact on global GDP, suggesting minimal effects if contained. The video concludes with an analysis of trade policy goals, focusing on leveling the playing field with China by addressing market access and joint ventures.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the likelihood of a recession?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current state of the economy according to the speaker?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors does the speaker believe could affect global GDP?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's perspective on the trade war with China?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the speaker suggest is the goal of the administration regarding trade?

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