COVID-19 has created a global economic tsunami that is now hitting the United States and Europe with full force.
COVID-19 has created a global economic tsunami that is now hitting the United States and Europe with full force. Travel, tourism, and international trade have been severely disrupted, and businesses across many industries are shutting down. Central banks are responding by slashing interest rates and providing liquidity to their financial systems, and governments are ramping up spending and cutting taxes. But it is too late, a global recession has begun.
COVID-19 will determine the near-term fate of the U.S. and world economies in 2021. If resurgent coronavirus infections prompt another broad shutdown of businesses, US real GDP will again contract sequentially. At the other extreme, a vaccine for the virus would significantly enhance 2021's outlook.
With the results of the U.S. elections coming into view, it is time to consider what the results mean for economic policy and the outlook for the U.S. and global economies.
Republican control of the U.S. Senate and Democrat control of the House effectively precludes radical changes in the U.S. tax and regulatory framework.
The latest sell-off of equities anticipates a meaningful widespread drop in business sales brought on by COVID-19's second wave.
In this webinar, Mark Zandi and the Moody’s Analytics team, plus special guest John Leer from Morning Consult, examine how U.S. households are coping and how their behavior may change post-pandemic.
In this webinar, Moody’s Analytics will present a final update of its 2020 presidential election models and discuss the economic and political factors driving our results.
Moody's Analytics & Raymond James In Conversation: Impact on Financial Institutions – Election Outlook
Robby Holditch and Mark Zandi from Moody’s Analytics will be joined by John Toohig and Ed Mills from Raymond James to discuss the coming election outlook and the various impacts by each of the candidates on financial institutions.
U.S. business activity may have lost some of its earlier unsustainable momentum, but the ongoing growth of expenditures weighs a renewed contraction of sales and profits.
Though unresolved issues stemming from COVID-19 warn of substantial tail risk, investors have become more tolerant of above-average risk according to the recent narrowing of corporate bond yield spreads.
The only constant in 2020 is change. Risk managers (and everyone else) will want to buckle up. The rest of the year will be a bumpy ride.