Expert Investor: Economic Impact of Coronavirus with David Bassanese

Equity Mates Investing Podcast · Mar 25, 2020 · 53m

There is one big topic on everyone's mind at the moment. The coronavirus is shutting down cities and requiring co-ordinated actions between Government's and its citizens in a way we haven't seen previously in our lifetime. Financial markets have lost about one-third of their value, and economists suggest that unemployment could get as high as 1-in-5 people. At this point, a recession seems inevitable.

To help us understand what is happening in the economy, and how governments and central banks have responded, Alec (Ren) was joined by David Bassanese, the Chief Economist at Betashares - one of…