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Surveillance: U.S. GDP to Drop 12% in 2Q, BofA Says

Surveillance: U.S. GDP to Drop 12% in 2Q, BofA Says

FromBloomberg Surveillance


Surveillance: U.S. GDP to Drop 12% in 2Q, BofA Says

FromBloomberg Surveillance

ratings:
Length:
27 minutes
Released:
Mar 20, 2020
Format:
Podcast episode

Description

Steve Wieting, Citi Private Bank Global Chief Investment Strategist, says this is a bad time to sell investments. Patrick Armstrong, Plurimi Wealth CIO, says earnings are going to be decimated for a lot of industries in Q2. Francisco Blanch, Bank of America Global Head of Commodities & Derivatives Research, says the hardest part of this crisis is not knowing the demand growth we'll get in Q2. Michelle Meyer, Bank of America Head of U.S. Economics predicts U.S. GDP will drop 12% in the second quarter.
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Released:
Mar 20, 2020
Format:
Podcast episode

Titles in the series (100)

Tom Keene, Jon Ferro, Lisa Abramowicz, and Paul Sweeney have the economy and the markets "under surveillance" as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets.