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A man walks near a Bank of America branch in New York's Times Square December 11, 2008.

Coronavirus fallout and the oil-price war will push 2020 GDP into ‘spitting range of a typical global recession,’ Bank of America says

The bank's economists cited four main reasons for their latest growth cut, including the spread of coronavirus outside China and new oil-price war.

Goldman Sachs slashes its first-quarter GDP forecast amid latest coronavirus chaos

"Risks are clearly skewed to the downside, with an increasing amount of companies suggesting potential production cuts," wrote Goldman.

‘The most disruptive thing to hit markets in many years’: 5 financial experts sound off on coronavirus chaos, and what it means for invest...

Analysts are divided over whether current stock market chaos is a long-term warning signal, or a buying opportunity.
Passengers wearing masks are seen at Pudong International Airport in Shanghai, China Jan. 27, 2020.

A top research firm lays out a bleak coronavirus scenario that would cause global growth to slow significantly in 2020

IHS Markit's base case sees China lifting confinement measures in February, while a "severe" situation projects quarantines lasting through the month.
Volunteers in protective suits disinfect a factory with sanitizing equipment, as the country is hit by an outbreak of the novel coronavirus, in Huzhou

The coronavirus outbreak is dangerously close to shrinking global growth this quarter, UBS warns

The hit to China's economy accounts for most of UBS's forecast, with disruptions in Thailand, Singapore, and Hong Kong also weighing on expansion.

A new Bank of America survey shows large fund managers slashing growth expectations for the first time in months amid coronavirus fears

Fund managers slashed their expectations for global growth in February for the first time in months. A familiar culprit is to blame: coronavirus.

More than 64,000 infected, GDP cuts, and SARS parallels: Here’s how bad the global economy could get as the coronavirus outbreak rages

Experts are getting increasingly worried about the damage the spreading coronavirus crisis will do to major economies.
A man wearing protective mask uses his phone as he walks on a pedestrian bridge, following the outbreak of the new coronavirus in China, in Jakarta

GOLDMAN SACHS: Coronavirus will hit global growth 10 times harder than a major US hurricane — but only in the short term

Coronavirus' economic impact is only temporary — it's also meaningful, according to Goldman Sachs analyst Zach Pandl.
Global growth pessimism is at a record high, according to more than 1,500 CEOs surveyed by PwC.

A new PwC survey unveiled at Davos found CEOs are the most pessimistic they’ve ever been about the economy. The firm’s global chairman bre...

Bob Moritz, the global chairman of PwC, unpacks the forces that are making CEOs around the world lose sleep at night.

Trade wars could slow global growth to weakest pace since financial crisis, IMF warns

Trade tensions could push the world economy to grow at its slowest pace since the financial crisis a decade ago, the IMF warned Tuesday.