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Darrell Duffie on the financial markets in a coronavirus world

Mar 18 2020

As a recession looms over the coronavirus pandemic, SIEPR Senior Fellow Darrell Duffie discusses the volatility of the financial markets and potential stabilizing measures.

“This is a very deep, and potentially very long-lasting macroeconomic shock,” he says.

Still, he finds cause for optimism. “The United States is in a relatively good position, having had a very strong economy coming into this situation.”

 

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