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Steve Skancke

COVID-19 impact on US Economy May 2020

May Update on COVID-19 Impact on Economy and Financial Markets

By Keel Point News

by: Steven L. Skancke, Ph.D., Chief Economic Advisor at Keel Point and formerly White House and Treasury Department Staff Member The short and long term effects of the Coronavirus pandemic on the US economy and financial markets are difficult to predict. Steven L. Skancke, Chief Economic Advisor at Keel Point, answers some of the frequently asked questions he is receiving this month. May Update on COVID-19 Impact on Economy and Financial Markets #1 – Impact of COVID-19 and containment measures on economic growth? Fed Chairman Powell changes tone: Risk of prolonged recession and weak recovery that leaves lasting damage. Deep job…

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COVID-19 market impact update - Keel Point

April Update on COVID-19 Impact on Economy and Financial Markets

By Keel Point News

by: Steven L. Skancke, Ph.D., Chief Economic Advisor at Keel Point and formerly White House and Treasury Department Staff Member The short and long term effects of the Coronavirus pandemic on the US economy and financial markets are difficult to predict. Steven L. Skancke, Chief Economic Advisor at Keel Point, answers some of the frequently asked questions he is receiving this month. April 2020 Update on COVID-19 Impact on Economy and Financial Markets 1. What is the impact of COVID-19 and containment measures on economic growth? Just reported US 2020 first-quarter GDP growth estimate is down 4.8% at an annualized rate…

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Update on COVID-19 Impact on Economy and Financial Markets

Update on COVID-19 Impact on Economy and Financial Markets

By Commentary, Keel Point News

by: Steven L. Skancke, Ph.D., Chief Economic Advisor at Keel Point and formerly White House and Treasury Department Staff Member   How long the COVID-19 pandemic will last and its impact on the economy and financial markets is difficult to predict. Steven L. Skancke, Chief Economic Advisor at Keel Point answers some of the frequently asked questions he is receiving. Update on COVID-19 Impact on Economy and Financial Markets 1. What will be the impact of COVID-19 and containment measures on economic growth? Containment measures have shuttered businesses and disrupted employment relationships critical to reopening the economy. March jobs lost through…

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