Kill ego, Grow EQUITY...Grow EQUITY
-
Virus recession? Top economist Ed Hyman sees zero US growth the next two quarters
Ed Hyman, a widely followed economist on Wall Street, said the coronavirus outbreak could end up causing a recession in the U.S. and slashed his U.S. GDP forecast to zero growth in the second and third quarters of this year “More cases are showing up in the U.S. and seem likely to be just the start,” Hyman said in his note titled, “U.S. Virus ‘Recession’” on Sunday. “Scope, severity, and duration are uncertain. How much it changes behavior in the U.S. is uncertain.” A fall in GDP in two consecutive quarters typically defines a recession. The U.S. economy grew 2.1% in the fourth quarter last year and ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Mar 1, 2020 7:05pm Mar 1, 2020 7:05pm
- BiteFX
- Joined Dec 2018 | Status: THE GOLD MINER | 134 Comments
- Comment #2
- Quote
- Mar 1, 2020 9:22pm Mar 1, 2020 9:22pm
- here2there
- Joined Dec 2019 | Status: still here | 593 Comments
You don't know because you don't ask.
- Comment #3
- Quote
- Mar 2, 2020 12:55am Mar 2, 2020 12:55am
- RazorFitch
- | Membership Revoked | Joined Sep 2019 | 456 Comments
- Comment #4
- Quote
- Mar 2, 2020 1:36am Mar 2, 2020 1:36am
- axecap
- | Joined Aug 2017 | Status: Member | 111 Comments
its all just one persons opinion....
- Comment #5
- Quote
- Mar 2, 2020 1:40am Mar 2, 2020 1:40am
- here2there
- Joined Dec 2019 | Status: still here | 593 Comments
You don't know because you don't ask.
- Comment #6
- Quote
- Mar 2, 2020 1:45am Mar 2, 2020 1:45am
- axecap
- | Joined Aug 2017 | Status: Member | 111 Comments
its all just one persons opinion....
- Comment #7
- Quote
- Mar 2, 2020 1:54am Mar 2, 2020 1:54am
- Rakeem
- | Joined Nov 2018 | Status: Member | 399 Comments
- Comment #8
- Quote
- Mar 2, 2020 1:56am Mar 2, 2020 1:56am
- Blessed-man
- | Joined Apr 2016 | Status: Member | 444 Comments
- Comment #9
- Quote
- Mar 2, 2020 2:03am Mar 2, 2020 2:03am
- here2there
- Joined Dec 2019 | Status: still here | 593 Comments
You don't know because you don't ask.
- Comment #10
- Quote
- Mar 2, 2020 5:03am Mar 2, 2020 5:03am
- Follarwhite
- | Joined Nov 2019 | Status: Junior Member | 1 Comment
- Comment #11
- Quote
- Mar 2, 2020 6:13am Mar 2, 2020 6:13am
- Micc23
- | Joined May 2017 | Status: Member | 848 Comments