Initiative by the Peterson Institute. Just in time for not just in time for a new u. S. Administration, or a new term of an old administration, depending on what happens. But in time for the stock taking going on in the world, on how to open the world economy, when the u. S. Has behaved as it has for the last four years, but also importantly, when we are all facing the vulnerabilities that came out of the pandemic. Before introducing my colleagues who will be speaking about memos to the white house, National Economic council, the c. E. A. council of economic advisors , the office of manufacturing and trade policy about industrial policy and the u. S. China , strategic dialogue, let me say a couple of words about the rebuilding project. We are very excited about this. It is open to everyone, in the sense that we wish to engage. In all of our and all of our publications and events are online. The world has been moving backwards since roughly 2008, both in terms of economic outcomes for h
Very good morning to you hope youre well thanks for joining us here on r. T. U. S. President donald trump said the countrys economy may be heading into recession the u. S. Stock market suffered its worst trading day since 1987 the share prices tumbling by 13 percent on monday amid fears over the coronavirus. Is the u. S. Economy heading into a recession will it maybe think in terms of recession with thinking in terms of the virus once we step i think theres a tremendous pent up demand both in terms of the stock market in terms of the economy and if once this goes away once it goes through and were done with it i think youre going to see a tremendous tremendous surge while the only one way this is going and it is going down look at yourself in a matter of weeks the Dow Jones Industrial average this is this is an average of many major corporations so an index of their stocks the average it is plunged to levels that we saw that the world was out in 2070 so over the course of a few weeks w
Frank. Good morning and welcome the international. U. S. President donald trump said the countrys economy may be heading into a recession since the u. S. Stock market suffered its worst trading day since 1987 the share price is tumbling by 13 percent on monday amid face over the coronavirus. Is the u. S. Economy heading into a recession well it may be thinking in terms of recession since the virus once we step i think theres a tremendous pent up demand both in terms of the stock market in terms of the economy and it once this goes away once it goes through and were done with it i think youre going to see a tremendous tremendous search will be pandemic is causing turmoil in Financial Markets willed wide despite drastic action from Central Banks to limit the damage my colleagues kevin owen and run as the have discussed whats driving this selloff. I suppose it was to be expected to spoil all those measures that us put into place the last couple of days nevertheless rather than coming thin
France and competitive practices. For good morning to you thanks for joining us here on r. T. And. U. S. President donald trump said the countrys economy may be heading for recession since the u. S. Stock market suffered its worst trading day since 1987 the share prices tumbling by 13 percent on monday amid fears over the coronavirus. Is the u. S. Economy heading into a recession well it may be what i think in terms of recession with thinking in terms of the virus once we stop i think theres a tremendous pent up demand both in terms of the stock market in terms of the economy and once this goes away once it goes through and were done with it i think youre going to see a tremendous tremendous surge. In the coronavirus pandemics causing turmoil in Financial Markets will wide despite drastic action from Central Banks to limit damage my colleagues kevin i when im around guess they have discussed what is driving this all off. I suppose it was to be expected to spoil all those measures that
A little over 1000000000 euros by anticompetitive practices. By their thanks for joining us this is. U. S. President donald trump has said the American Economy may be heading into a recession the coronavirus pandemics causing turmoil in Financial Markets will wide despite drastic action from Central Banks to limit the damage. Is the u. S. Economy heading into a recession well it maybe would not think in terms of recession would think in terms of the virus once we stop i think theres a tremendous pent up demand both in terms of the stock market in terms of the economy and it once this goes away once it goes through and were done with it i think youre going to see a tremendous tremendous surge. A monday the u. S. Stock market suffered its worst trading day since 1970 prices tumbled by 13 percent amid fears over coronavirus with more on the current Global Economic situation is all right get the. Unless you majored in finance everything thats happening may seem a little overwhelming what i