The Black Swan |
On March 16, 2020, the Dow Jones Industrial Average fell 2997 points in its largest (numerically) one day drop in history. By the end of the first quarter in 2020, US GDP stood at an annual rate of -4.8%; a whopping 6.9% decrease from its 2.1% growth in Q4 of 2019. Without a doubt, the coronavirus outbreak has rocked the US economy and created devastating uncertainty in our financial markets. Coveconomics seeks to answer the following questions:
To what degree has the virus affected both the US economy and financial markets? What effect has the United States's response to the outbreak had on its economy? In what ways could the US act to improve its economic standing and prevent a future recession? |
10 Questions on Coveconomics
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Click the hyperlinks below to learn more about the effects of the COVID-19 pandemic
Macroeconomic DataGDP, unemployment, stimulus bills, and much more!
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Impact on IndustryFrom retail to manufacturing, learn what these experts have to say on the outbreak.
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Financial MarketsLearn how different markets have reacted to the pandemic!
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