GBA Spring Educational Series Webinar

Gripped by COVID-19: An Economic and Geopolitical Outlook Past the Media Headlines

Presented by: Bernard Baumohl, Chief Global Economist (The Economic Outlook Group, LLC)

Friday, May 1, 2020 - 12:00PM - 1:30PM (Eastern Time)

Rarely have Americans confronted so much uncertainty about the future. They have been gripped by a deadly virus (Covid-19) that has shut down economic activity and threatens to plunge the nation into recession, if not something worse. There are also growing fears the damage caused by this lingering pathogen could permanently alter the economic and business landscape. If that’s not enough to ponder, the nation faces a presidential election this fall and its outcome will also shape the direction of the economy in 2021 and 2022. Last, and certainly not least, the US and other nations are about to face a debt bubble unlike anything seen before. Simply put, we are at a defining moment in history, one that will affect future economic growth, employment, trade and interest rates.

In the midst of all this volatility is the sobering fact that corporate managers, investors and households need to make decisions on a daily basis and be able to justify them. Doing so, however, will require tossing out the old rules and forecast models to make way for a more agile framework on how to operate in this highly challenging environment.

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