Sharmila Whelan of Asianomics Group on post-COVID global recession & collapsing US economy
Video description:
Sharmila Whelan, Deputy Chief Economist at Asianomics Group speaks to ET Now about the commentary that came from FED which mentions that they will do whatever it takes to strengthen and support the US economy. She says that a global recession can be seen in the post COVID era and there is going to be a noticeable 5-6 percent contraction this year and the marginal growth this year. The US, which is amongst advanced economies can be seen as collapsing in corporate profitability. The lockdowns have brought business to stand still and left the market under recession and many of the corporate profits have been wiped out. Watch the video to know more! Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com
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