In America, the Economy Sinks but Markets Surge. What Gives?

Morning Run · Market Watch · 30 Apr 2020 · 08:30 am · 10 mins listen

With a -4.8% print, the US economy is at its lowest ebb since the Global Financial Crisis. Yet markets are surging and earnings appear resilient. US-based Tony Nash, the CEO of Complete Intelligence, explains the dichotomy.

Produced by:

Michael Gong

Presented by:

Noelle Lim,Khoo Hsu Chuang

Categories:

Politics,Law and Legal Matters,Business Analysis,Trends and Forecasts,Markets,Social Issues,Investments

Tags:

US, GDP, recession, oil, gold

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In America, the Economy Sinks but Markets Surge. What Gives?

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In America, the Economy Sinks but Markets Surge. What Gives?