Coronavirus – Page 2

How Coronavirus Broke the Global Economy – Bloomberg

April 14, 2020 by Jonathan Custer

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: How The Crisis Has Changed Consumer Spending

April 13, 2020 by Jonathan Custer

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 …

COVID Crisis Recovery Timeline

April 13, 2020 by Jonathan Custer

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 …