Is A Double-Dip Recession On The Horizon?

Published on
November 19th, 2020
Duration
39 minutes


Is A Double-Dip Recession On The Horizon?

Daily Briefing ·
Featuring Haley Draznin, Jack Farley, and Ed Harrison

Published on: November 19th, 2020 • Duration: 39 minutes

Real Vision managing editor Ed Harrison is joined by editor Jack Farley to break down the economic impact of the partial lockdowns U.S. officials are implementing day-by-day as cases and deaths from COVID-19 spiral out of control. Ed evaluates the latest rise in joblessness claims, the exponential increase in hospitalizations, the looming expiration of the CARES Act, and the Fed’s emergency lending programs, ultimately concluding that a double-dip recession in the U.S. could be on the horizon. Lastly, Jack and Ed discuss China’s first negative-yielding bond (denominated in Euros) as well as Bitcoin’s continued surge. In the intro, Haley Draznin looks at the increase in U.S. jobless claims filed this week and its broader implications on the markets.

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