USA is in the lead for all the wrong reasons. Will the USA drag Australia down with it?
While the number of confirmed COVID-19 cases appears to have levelled out in China, the source of the virus, the USA has surged forward taking out the unenviable top position with over 430,000 confirmed cases.
With over 4,500 COVID-19 related deaths in New York City alone, the USA has seen their society and economy come to a standstill. This week on From the Bunker, we took a look at the latest economic data available suggesting that economic impact is far from over, and may have the potential to drag Australia down with it.
The questions from the webinar and the presentation itself are below for you to watch. Each Friday, we will hold a live Q&A on an important topic and welcome your questions. On Friday, April 17, at 10:30 am AEST, we will be discussing the effect of COVID-19 on one of Australia's most cherished assets: property.
You can view a recording of the webinar here:
Frequently Asked Questions about this Article…
The COVID-19 pandemic has significantly impacted the USA's economy, bringing it to a standstill with over 430,000 confirmed cases and more than 4,500 related deaths in New York City alone. This has led to severe disruptions in societal and economic activities.
The economic challenges faced by the USA due to COVID-19 may have the potential to drag Australia down as well. The interconnectedness of global economies means that significant disruptions in the USA could have ripple effects on Australia's economy.
The 'From the Bunker' webinar series covers the latest economic data and insights related to the COVID-19 pandemic. It includes discussions on how the pandemic is affecting economies globally, with a focus on the USA and its potential impact on Australia.
You can participate in the live Q&A sessions hosted by InvestSmart by joining their webinars. These sessions are held every Friday, and you can submit your questions for discussion. The next session is scheduled for Friday, April 17, at 10:30 am AEST.
The upcoming InvestSmart webinar on April 17 will focus on the effect of COVID-19 on one of Australia's most cherished assets: property. This session will explore how the pandemic is impacting the property market in Australia.
You can watch recordings of past InvestSmart webinars by visiting their website. These recordings provide valuable insights and discussions on various economic topics related to the COVID-19 pandemic.
The USA's COVID-19 situation is concerning for global investors because it holds the top position in confirmed cases, indicating severe economic disruptions. This can lead to global market volatility and affect investment decisions worldwide.
The InvestSmart webinars discuss various measures to mitigate the economic impact of COVID-19, including government interventions, economic stimulus packages, and strategies for investors to navigate the current market challenges.
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