Evercore ISI's Hyman Predicts Zero U.S. Growth, China GDP 'Armageddon'

Evercore ISI's Hyman Predicts Zero U.S. Growth, China GDP 'Armageddon'

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Interactive Video

Business

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Hard

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The video discusses the current state of the US and Chinese economies, highlighting a strong reading on services but predicting zero growth for the US in upcoming quarters despite a Fed rate cut. China's economy is in a downturn, with a significant GDP drop, but signs of recovery are emerging. The impact of the coronavirus is expected to affect the US economy similarly to China, with a potential recovery timeline of four to six months.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What indicators suggest a potential recovery in the Chinese economy?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's outlook on the US economy for the upcoming months?

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