The corona virus pandemic which has caused a lockdown and near halt of business worldwide is going to have a lasting effect on the Global Economy but just how bad will it get the International Monetary fund on tuesday joins those who say it could create the worst financial crisis since the Great Depression. We are projecting Global Growth in 2022 full. To minus. 3 percent. Now this is a downgrade of 6. 3 Percentage Points from general 2020 Major Division over a very short period of time this makes the Great Lockdown the last recession since the Great Depression and far worse than the Global Financial crises the i. M. F. Chief economist said there will be a partial recovery in 2021 adding the overall g. D. P. Will remain below pretty virus levels the comments come weeks after u. N. Secretary general and tony terras made similar comments saying the pandemic will bring a recession that has no parallel in recent years and that it is the worst crisis since the 2nd world war meanwhile the w
Getting a nice lift today. Nice bounce for tech led by apple. Crude is also jumping today for a change and that perhaps has sentiment a little bit better. I know, joe, youre watching everything so how do you feel today, you know, were trying to rebound. Lets see if we can hold it. Where does it leave us we havent heard from you in a couple of days what do you do and what does the whiteboard suggest hey, scott, good to see you the opportunities are becoming a little bit more limited than they were in the past couple of weeks, obviously, with the market rallying. That being said, i agree with your opening comment oil kind of stepping out of the way and not pressing to the downside thats allowing for some visibility in a lot of the sectors to move higher here. So i still view this as a buy the dip overall market youre looking for and mining for opportunities. I think in the last couple of days, youre mining for those opportunities and some of the places that we had not been in the last co
Throughout the u. S. And the world with interactive maps. Watch ondemand anytime unfiltered at cspan. Org coronavirus. I am very delighted to welcome you to our event today. Its on a conservative case for class actions, a book written by professor fitzpatrick that galvanized this debate. We have three outstanding speakers, panelists i should say. Our first is the head of the class action practice here it gets indented coach rivera key has litigated in the fitted doubtless class actions including over 20 dismissals of class action cases. So you may have a sense of where his position is on that. He is a graduate of georgetown, undergraduate and the university of Virginia Law School where he was the long review and hes also the author of a chapter in the popular better guide series on 1702 and claims, so please welcome christopher. [applause] our next panelist is professed himself wrote the book. He is a graduate of notre dame where he was runnerup valedictorian, but he made up for that w
Class action and he has litigated and defended countless class actions including over 20 dismissals of less action cases. They may have a sense of what his position is on that. Is a graduate of georgetown undergraduate and University Virginia law school where he was and is also the author of the chapter in the Popular Series on claims. So please welcome christopher. [applause]. And her next panelist is a professor himself wrote this book and he is a graduate of merchant notre dame where he was the runnerup valedictorian but he made up for he went to Harvard Law School and he was the top student to graduate in his class. It is a lot easier. And he has been a lawyer and a professor. It is currently at vanderbilt. And we will hear more from him and just a bit. Our moderator today is judge on the ninth circuit, is a graduate of weltys a korean immigrants who came to this country and graduated from a Blake Cornell and also Harvard Law School. Classmates. Any worked at and was associate whit
The corona virus pandemic which has caused a lockdown and mere halt of business worldwide is going to have a lasting effect on the Global Economy but just how bad will it get the International Monetary fund on tuesday joins those who say it could create the worst financial crisis since the Great Depression. We are projecting Global Growth in 2022 fall to minus. 3 percent. Now this is a downgrade of 6. 3 Percentage Points from general 2020 Major Division over a very short period of time. This makes the Great Lockdown the last recession since the Great Depression and far worse than the Global Financial crises the i. M. F. Chief economist said there will be a partial recovery in 2021 adding the overall g. D. P. Will remain below previous levels the comments come weeks after un secretary general and tony terras made similar comments saying the pandemic will bring a recession that has no parallel in recent years and that it is the worst crisis since the 2nd world war meanwhile the w t o sai