A simple analysis shows that social distancing should be taken as quickly as possible by individuals to preserve their health and by corporations to avoid liability issues. … READ MORE >
Covid-19
Coronavirus disrupts the pipeline for new drugs and medical devices
On Tuesday, a day before the World Health Organization declared the coronavirus outbreak a pandemic, the Food and Drug Administration announced that it was postponing foreign inspections through April. … READ MORE >
Fed intervenes in credit markets, but will it be enough?
The Federal Reserve along with its major central banking partners moved on Sunday to restore functioning credit markets in an attempt to put a floor under the global economy and calm financial markets. … READ MORE >
Coronavirus and the rise of virtual health visits
The human toll of the coronavirus only continues to mount: Confirmed cases have topped 118,000, deaths have surpassed 4,000 and Italy has quarantined 16 million people. It has led employers around the globe to encourage employees to work from home or take unpaid leaves of absence. In Seattle, the epicenter … … READ MORE >
As coronavirus spreads, pain goes beyond the hospitality and travel industries
As the human and economic toll of the coronavirus mounts, the real estate industry in North America is wondering where it can safely place its bets. The hospitality industry has taken the brunt of the hit so far, but other sectors of the economy have been nervously watching as the events unfold. … READ MORE >
Real economy faces severe test as coronavirus challenges to business activity mount
Volatility across asset markets and the end of the 11-year bull market run in equity prices strongly implies that the current business cycle will soon come to an end, if it hasn’t already done so. … READ MORE >
Calm before the storm: New jobless claims remain below long-term average
Initial benefit claims for unemployment insurance remained subdued in the past week, signaling a still-healthy labor market despite the outbreak of the coronavirus. … READ MORE >
Coronavirus and the global technology supply chain
To understand why the coronavirus has had such a profound impact on global supply chains and the world economy, look no further than how reliant technology companies have become on Chinese manufacturers. … READ MORE >
The coronavirus impact on the financial services sector
The disruption has led senior leaders at financial services firms to ask some basic questions, from how do we keep our employees safe, to what does our near-term financial health look like, to what if this crisis continues over the long-term. … READ MORE >
Dealing with disruptions: Policy options for addressing exogenous shocks
The outbreak of the coronavirus and other economic threats add up to a series of supply, demand and financial shocks that now threaten normal life and commercial activity throughout the global community. … READ MORE >