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The Coronavirus Recession
Manage episode 272804066 series 2793845
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Ian Wyatt has been actively investing in the stock market for the past 30 years. He's also spent more than 20 years publishing his investment ideas online to help fellow investors benefit from his successes and failures.
Ian Wyatt is also the host of the Daily Profit Podcast.
In this episode…The Coronavirus outbreak has been causing fear and panic all over the world since it first broke out in Wuhan, China. Since then, many more countries have reported confirmed cases of the flu-like disease as new deaths keep being reported every day.
The Coronavirus outbreak has now been labeled a pandemic by the World Health Organization (WHO) and everyone is being cautioned to take the necessary steps to protect themselves and their families. The economy has not been spared either and the stock exchange performance has slowed down over the last couple of weeks. It is affecting the US economy and has triggered an oil price war between two countries. It could spell out serious trouble for everybody if it isn’t contained.
In this episode of The Daily Profit, Ian Wyatt talks in-depth about the Coronavirus outbreak and how it is affecting the US economy. He gives an update on the coronavirus cases all over the world, the oil price war that’s bound to affect the global economy, and he answers the most important question: Is there a silver lining to be seen in this whole thing? Stay tuned.
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