Business
On this episode I'm joined by Bernstein Chief US Economist Eric Winograd. Eric and I discuss the economic implications of the Coronavirus. Eric talks about what central banks and governments can and can't do to stabilize markets and the economy. He also shares his outlook for interest rates.We then move to a broader discussion about the intersection of politics and economics. Eric shares his insights into the rise of populism and the impact it has on global economic policy. He details why he believes that much of the political & economic discourse has changed from “left” vs “right” to “populism” vs “cosmopolitan liberalism”. Eric discusses the importance of independent central banks and the impact of budget deficits. We end with Eric’s best ideas to maintain and strengthen the economy.With any questions or comments, I can be reached at marc.penziner@bernstein.com or 212-969-6655.The information presented and opinions expressed are solely the views of the podcast host commentator and their guest speaker(s). AllianceBernstein L.P. or its affiliates makes no representations or warranties concerning the accuracy of any data. There is no guarantee that any projection, forecast or opinion in this material will be realized. Past performance does not guarantee future results. The views expressed here may change at any time after the date of this podcast. This podcast is for informational purposes only and does not constitute investment advice. AllianceBernstein L.P. does not provide tax, legal or accounting advice. It does not take an investor’s personal investment objectives or financial situation into account; investors should discuss their individual circumstances with appropriate professionals before making any decisions. This information should not be construed as sales or marketing material or an offer or solicitation for the purchase or sale of any financial instrument, product or service sponsored by AllianceBernstein or its affiliates.