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Macro Briefing | 6 April 2020

Summary:
US faces a rough week ahead for battling coronavirus: Reuters At least one-quarter of US economy idled by shutdown: WSJ Emerging economies face challenges as default risk rises: FT Bankrupt hospitals are back in demand during coronavirus crisis: WSJ UK Prime Minister Boris Johnson Admitted to Hospital for Coronavirus: Slate Opec meeting re: production cut delayed amid oversupplied oil market: NY Times Oil could fall to single digits without a deal out output cut: CNBC German factory orders dropped in Feb–before coronavirus blowback: Reuters US payrolls tumbled 701,000 in March: CNBC Bloomberg’s recession tracker: Global downturn started in March: Bloomberg

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US faces a rough week ahead for battling coronavirus: Reuters
At least one-quarter of US economy idled by shutdown: WSJ
Emerging economies face challenges as default risk rises: FT
Bankrupt hospitals are back in demand during coronavirus crisis: WSJ
UK Prime Minister Boris Johnson Admitted to Hospital for Coronavirus: Slate
Opec meeting re: production cut delayed amid oversupplied oil market: NY Times
Oil could fall to single digits without a deal out output cut: CNBC
German factory orders dropped in Feb–before coronavirus blowback: Reuters
US payrolls tumbled 701,000 in March: CNBC
Bloomberg’s recession tracker: Global downturn started in March: Bloomberg

Macro Briefing | 6 April 2020

James Picerno
James Picerno is a financial journalist who has been writing about finance and investment theory for more than twenty years. He writes for trade magazines read by financial professionals and financial advisers. Over the years, he’s written for the Wall Street Journal, Barron’s, Bloomberg Markets, Mutual Funds, Modern Maturity, Investment Advisor, Reuters, and his popular finance blog, The CapitalSpectator.

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