Virus recession? Top economist Ed Hyman sees zero US growth the next two quarters

Norge Nyheter Nyheter

Virus recession? Top economist Ed Hyman sees zero US growth the next two quarters
Norge Siste Nytt,Norge Overskrifter
  • 📰 CNBC
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

'More cases are showing up in the U.S. and seem likely to be just the start,' Ed Hyman said. 'Scope, severity, and duration are uncertain.'

Ed Hyman, Evercore ISI Chairman, slashed his U.S. GDP forecast to zero growth in the second and third quarters of this year, in a note titled " U.S. Virus 'Recession.'"

Hyman has been ranked the top economist in Institutional Investor's annual poll for more than three decades. "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."

Vi har oppsummert denne nyheten slik at du kan lese den raskt. Er du interessert i nyhetene kan du lese hele teksten her. Les mer:

CNBC /  🏆 12. in US

Norge Siste Nytt, Norge Overskrifter

Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.

Op-Ed: Coronavirus could be a bigger test for the EU than the refugee crisisOp-Ed: Coronavirus could be a bigger test for the EU than the refugee crisisThe impact of coronavirus on Europe's future has the potential to be even more significant than the migrant crisis, particularly as it unfolds in almost biblical fashion atop a plague of other European maladies, writes Frederick Kempe.
Les mer »

Op-Ed: I've seen bubbles burst - this isn't a bubbleOp-Ed: I've seen bubbles burst - this isn't a bubbleDespite more potential downside, the U.S. equity market is not in a bubble at all.
Les mer »

Op-Ed: American Jews have something to celebrate: Mike Bloomberg and Bernie SandersOp-Ed: American Jews have something to celebrate: Mike Bloomberg and Bernie SandersOp-Ed: Amid a rise in anti-Semitism, American Jews have something to celebrate in Bloomberg and Sanders (via latimesopinion)
Les mer »

LGBTQ Youth Fight For Equality In Sex Ed In South Carolina ClassroomsLGBTQ Youth Fight For Equality In Sex Ed In South Carolina ClassroomsA federal lawsuit aims to repeal a South Carolina law that makes it illegal for teachers to talk about queer relationships, unless it's about STIs. 'No student should have to be told by their health teacher that they can't talk about their identity.'
Les mer »

Lady Gaga's New Boyfriend's Ex-Girlfriend Speaks Out in 'New York Times' Op-EdLady Gaga's New Boyfriend's Ex-Girlfriend Speaks Out in 'New York Times' Op-EdLady Gaga’s Boyfriend’s Ex-Girlfriend Speaks Out in ‘New York Times’ Op-Ed (via PopCrush)
Les mer »

Bill Gates pens op-ed saying coronavirus is a 'once-in-century pandemic'Bill Gates pens op-ed saying coronavirus is a 'once-in-century pandemic'Microsoft founder Bill Gates wrote an op-ed in the New England Journal of Medicine calling the coronavirus a 'once-in-a-century pandemic,' and urged leaders to both 'solve the immediate problem and keep it from happening again'
Les mer »



Render Time: 2025-04-20 06:05:17