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

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

Assessment

Interactive Video

Business

University

Hard

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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.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker describe the current state of the economy based on recent data?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What example does the speaker provide regarding the coronavirus and its impact on the economy?

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