Spread of Novel Coronavirus Sparks Recession Fears

28 min
at 9:30 AM
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A TV screen shows the numbers after the closing bell at the New York Stock Exchange.  (Johannes Eisele/AFP/Getty Images)

The stock market hit its lowest point in over a decade on Monday. That has many worried that the spread of the novel coronavirus will drag the economy into a recession. As consumers cut spending and global business deals recede, economies all over the world are taking a blow. We'll look at the likelihood and potential severity of a global recession and discuss how the coronavirus has impacted the economy so far.

Guests:

Heather Long, economics correspondent, The Washington Post

Stephen Levy, director, Center for Continuing Study of the California Economy

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