Covid-19 has plunged us into a crisis like none other we’ve experienced in our lifetime. Jim Bianco, President and Macro Strategist at Bianco Research, has been sharing his views on the long- term, macroeconomic consequences of the pandemic. He brings an enormous amount of clarity and insight into this issue.
We've heard it over and over again, Covid-19 has plunged us into a crisis like none other we’ve experienced in our lifetime. Although it is primarily a public health issue, it is also having a major impact on the global economy and financial system. Many businesses have been forced to shut down sparking debates on whether this is supply or demand shock.
Wall Street proclaims that any increase in economic activity is a good sign. However, Jim Bianco, President and Macro Strategist at Bianco Research, says a return to 90% of pre-crisis level will still not be enough to recover. Bianco Research is a Chicago-based firm that provides research and analysis for institutional finance. Jim started to take serious notice of the Covid-19 outbreak back in January. Since then he has been sharing his views on the long- term, macroeconomic consequences of the pandemic. He brings an enormous amount of clarity and insight into this issue.
Topics covered in this episode:
Episode links:
Sponsors:
This episode is hosted by Sebastien Couture & Brian Fabian Crain. Show notes and listening options: epicenter.tv/342