COTD = Chart of the Day
Interesting piece in Forbes today about the cross-currents caused by the COVID crisis. Here are the money quotes: certain segments are experiencing a boom, especially technology companies the electronics segment has benefited from the outbreak because of a surge in buying by both consumers and businesses in electronics equipment uncertainty about the pandemic, the … More Uncertain Outlook For The Electronics Industry
By Gary Evans and Jon Custer Here’s some very good background from Centre for the Study of Financial Innovation. It helps in understanding how the economy may look on the other side. These are mainly British economists, including George Magnus, world class and who I worked with at UBS. A must listen and read, folks.
Bloomberg’s Stephanie Flanders speaks to U.S. economist Adam Posen and asks how governments and economists have measured up to the challenge of the coronavirus. Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_…
COTD = Chart of the Day “This is the sharpest decline in consumer spending that we have ever seen,” said Luke Tilley, chief economist at Wilmington Trust. All of the charts in this article are based on a New York Times analysis of data from Earnest Research, which tracks and analyzes credit card and … More COTD: How The Crisis Has Changed Consumer Spending
By Gary Evans and Jon Custer Nice graphic from Morgan Stanley about a potential timeline of the first-order effect of the coronavirus crisis. It’s all guessing and conjecture like anything in life and business but provides a basis for planning. It also fits with our view that the economy begins to recover during mid- to … More COVID Crisis Recovery Timeline