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A recession than they generally like the any b r wrote about the situation saying the unprecedented magnitude of the decline in employment and production and its broad reach across the entire economy warrants the designation of this episode as a recession even if it turns out to be briefer than earlier contractions now economists generally define a recession as 2 consecutive quarter months of 2 consecutive quarters of Economic Contraction g. D. P. In the us has already fell by 5 percent in the 1st quarter of this year and the economy is expected to climb by a steeper margin in q 2 of 2020 lets...

Thanks for having me back listen i put very little stock into what any account is really said because theyre not calling it until its already over and theyre sure on your show with you i said that were going into a recession back at the end of january it was easy to see that the years are to break down and of course then the buyers really kicked in and we saw the country shut down which is automatically by itself going to create some major problems creating a recession again this steve this is how fast they bond nobody really knows the answer to that and well see where we go from here but at t...

The designation of this episode as a recession even if it turns out to be briefer than earlier contractions now economists generally define a recession as 2 consecutive quarter months of 2 consecutive quarters of Economic Contraction g. D. P. In the us has already fell by 5 percent in the 1st quarter of this year and the economy is expected to climb by a steeper margin in q 2 of 2020 lets get some expert analysis on this and and the state of the economy with todd morris chief strategist at the trading and cohost christiane who joins us from los angeles thank you both for being here today but i...

Have a 6 pack show today so lets dive right in. And the United States has officially entered a recession in february of this year ending 128 months of economic expansion which was the longest run in more than 150 years according to the National Bureau of Economic Research now the announcement from this organization comes much earlier in a recession than they generally like the any b r wrote about the situation saying the unprecedented magnitude of the decline in employment and production and its broad reach across the entire economy warrants the designation of this episode as a recession even ...

A sense protect the leadership from this virus but also of course there are more than just 3000. 00 delegates you have journalists and staff in total about 8000. 00 people gathered in the great hall of the people for this annual session now the n. P. C. Is important because it illustrates the sort of legitimacy of the party its powerful symbolism this is when we see all chinas leaders on public show well thats not going to happen and we dont know when the m. P. C. Will convene visit because of course we still have no idea really when this virus will finally be brought under control on sunday n...