Coronavirus Crisis: Assessing the Economic Damage and the Way Forward

Marc Chandler, a political economist and currently managing partner at Bannockburn Global Forex, joins the podcast to provide his assessment of the coronavirus impact on the global economy. Content: (Spotify users can click on the timestamp to link to the segment) This crisis is different, not brought about by the economic cycle but by an exogenous shock (3:15) Assessing the fiscal and monetary response by policymakers (4:36) Will there be a "V-shaped" recovery? (6:55) Recovery in Q3, Q4, but growth will be limited (12:07) The crisis may accelerate the move to a cashless society (13:12) Background on the guest (17:43) What's something the market is missing? (27:39) The Age of Surplus (34:13) Greater accountability for the Federal Reserve (38:21) The crisis could result in expansion to enfranchisement. To 16-year olds? (43:21) For more information on the guest: Website: MarcToMarket.com Twitter: @MarcMakingSense Bannockburn Global Forex LLC website Not intended as investment advice.