TONY CRESCENZI ON THE IMPACT OF CORONAVIRUS ON GLOBAL MARKETS
At the 2020 TIGER 21 Annual Conference, Tony Crescenzi, Executive Vice President of PIMCO, was interviewed by CNBC’s Brian Sullivanabout coronavirus and its impact on the global economy. The following topics were covered:
- Investors’ fear due to potential spread of the coronavirus and possibility of pullback in the markets
- The Fed’s potential strategy change around economic fears and adjusting for inflation
- Stalling global economies
- Low likelihood of a 2020 recession
