ET NOW, Released on 10/30/20
The world is all geared up for US Presidential elections on Nov 3, and awaiting the outcome with bated breath. This election is extremely crucial given the outcome given the pandemic unrest, second COVID wave fears and the turmoil around the US stimulus. The elections will have a ripple effect on the US corporates, US dollar index & in turn on the EMs and other economies. So should the world look forward to a Democratic sweep or a Trump encore? Also how serious is the concern around a COVID resurgence in Europe and will it spread to other continents? Top economist Stephen Roach, Senior Fellow, Yale University speaks on the US elections, COVID resurgence and the biggest macro concerns the world is facing right now.
Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm’s chief economist, is a senior fellow at Yale University’s Jackson Institute of Global Affairs and a senior lecturer at Yale’s School of Management. He the author, most recently, of Unbalanced: The Codependency of America and China and Stephen Roach on the Next Asia: Opportunities and Challenges for a New Globalization.