Natwest Markets' McCormick Sees U.S. Just Missing Recession in First Half of 2020

The transcript discusses the current economic situation, focusing on the impact of infections on global growth. It highlights the economic damage predicted by various organizations and the challenges faced by different countries. Strategies for managing risks in volatile markets are explored, with a focus on hedging opportunities. The discussion also covers China's economic model for controlling infections and its implications for Western economies. Finally, concerns about passive investing and its potential risks are addressed.

What is the predicted economic impact on the global economy according to the Asian Development Bank?

• 211 billion dollars

• 500 billion dollars

• 347 billion dollars

• 150 billion dollars

Which country is mentioned as just missing a recession in the first half of the year?

• Italy

• Japan

• United States

• China

What is a suggested hedging opportunity during the economic downturn?

• Investing in real estate

• Buying gold

• FX volatility, particularly yen volatility

• Investing in technology stocks

What is a potential risk associated with passive investing?

• Increased transaction costs

• Divergence from underlying fundamentals

• Limited market access

• Higher management fees

What is the concern about asset prices in recent years?

• They have remained stable

• They have increased in line with fundamentals

• They have decreased significantly

• They have diverged from underlying fundamentals