Faced with growing uncertainty around the COVID-19 pandemic, countries around the world are taking extreme measures to lessen the already severe impact on their citizens’ health, well-being, and economic circumstances. What are the implications of the pandemic for the global economy? How has it affected global financial markets—and what might we expect moving forward?
On Thursday, March 19, 2020, the Bendheim Center for Finance hosted Torsten Slok, Chief Economist for Deutsche Bank Securities, for a lunchtime seminar on the global economic implications of COVID-19. The webinar began with a brief discussion by Professor Markus Brunnermeier, Director of the Bendheim Center for Finance, on emerging economic shocks and their potential impact on businesses, workers, and the global economy. Torsten Slok then presented on the recent dislocations of global financial markets and took several questions from members of the online audience.