Pandemic 2nd wave may have worse psychological impact: Shiller - Business Insider

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 51%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The pandemic's 2nd phase could have a worse psychological impact, Nobel Prize-winning economist Robert Shiller warns

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Nobel Prize-winning economist Robert Shiller says a second wave of COVID-19 could cause more damage to the national psyche than the first outbreak. The US reported a record 60,000 new cases of COVID-19 on Wednesday.

Nobel Prize-winning economist Robert Shiller argued a second peak in infections could have a more negative impact on the American psyche than the first bout, especially if the virus prevents states from reopening.on Tuesday , the Yale University professor said: "Looks like we might be entering a second phase. There might have to be closures again."Shiller's comments come as COVID-19 cases have taken off across several US states including Atlanta, Florida, and Texas.

In the same interview, he cautioned against automatically assuming a booming stock market will translate into an economic recovery, as aggressive stimulus measures by the US Treasury and Federal Reserve in response to the pandemic have boosted share prices.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 729. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

How a 36-year-old booze business owner grew sales during the pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

Levi's to cut 700 jobs in response to the coronavirus pandemic - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. put on some pants, people! bet the CEO got a bonus last year Wow this is so sad. Every family needs an income.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »