Yale’s Shiller on Economic Fallout From Virus, Fed Policy and Housing

  • Date: 10-Mar-2020
  • Source: Bloomberg
  • Sector:Economy
  • Country:UAE
  • Who else needs to know?

Yale’s Shiller on Economic Fallout From Virus, Fed Policy and Housing

It's disruptive to see these low oil prices.. high oil prices have triggered some of our biggest recessions. narrative enough that made people sell their at their risk. narrative about the Soviet virus which suggests that this could. be a record breaking epidemic at least in the narrative.. diagnosable in the early stages so that people are contagious. What is the best way to push a new narrative out. People have tried to spin new. People are taking strong steps.. the concerns about the Corona virus we've seen a little bit of. . We also saw a lot of strength in the housing market whether. applications people rushing to refinance mortgages.. your take right now on the housing market and how it's going to. and that ended abruptly with a narrative erupting of the Great. people are willing to bet on houses again this may change again. I mean if mortgage rates continue to falter.. and you know continue to get people buying homes and bidding. Yeah so people are worried about stocks and they want to do. Nobel laureate Robert Shiller, Yale University professor of economics, discusses the economic impact of the coronavirus outbreak, the Federal Reserve's possible policy