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Duff & Phelps Institute Chief Strategist Chris Campbell talks about the growing impact of the coronavirus on markets and companies in an interview with Bloomberg TV.
“There are real challenges this pandemic is having from cyber security demands to relocating your staff to restructuring to corporate governance challenges that come with a crisis,” Chris said. “Companies are thirsty for a significant liquidity cash infusion.”
“Those who are going to be most hurt are folks who’re on the low end of our economy. I’m sure Congress is going to insist that those folks be made as whole as possible. These are people who are going to be struggling to put food on the table. There are also large industries like airlines, airplane manufacturers that we cannot allow to go out of business,” he added.
Watch the full interview here.