News
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Dow soars 496 points as traders await official approval for $2 trillion coronavirus stimulus deal
"Despite the mammoth amount of stimulus slated to enter the economy, strict containment measures are the best bet for stabilizing markets," Jeffrey Bergstrand, finance professor at the University of Notre Dame's Mendoza College of Business, told Markets Insider in an email.
Markets Insider -
Olympics delay deals crushing blow to Japan’s comeback story
Bloomberg quoted finance professor Richard Sheehan, who argues that the postponement offers a chance to put a different spin on what the Games mean.
Bloomberg -
What the coronavirus relief bill offers for small businesses
The proposal will allow many households and business to keep running in the short-term, according to Jeffrey Bergstrand, a professor of finance at the University of Notre Dame's Mendoza College of Business in a CBS News piece.
CBS News -
Lack of fiscal stimulus and Fed actions ignite gold pricing
There are two notable differences with the Fed’s response to the financial crisis of 2008 – 2009 versus the 2020 COVID-19 crisis, according to finance professor Jeffrey Bergstrand in a Kitco article.
Kitco -
Olympics delay deals crushing blow to Japan’s comeback story
In a piece by Bloomberg finance professor Richard Sheehan comments that the 2020 summer Olympics postponement can still have a positive effect on Japan because the delayed games will be historically significant.
Bloomberg -
Decision to postpone 2020 olympics was right, notre dame expert says
The International Olympic Committee's (IOC) decision to postpone the 2020 Olympic Games, originally scheduled to begin July 24 in Tokyo, to a date “no later than summer 2021” due to the coronavirus pandemic was the correct one according to finance professor Richard Sheehan in a Global Health News Wire piece.
Global Health News Wire -
Fed takes unprecedented steps to prop up the economy
“What’s different this time is it’s not a financial crisis, but we want to prevent a financial crisis. What this move basically does is provide a line of credit, and it extends that line of credit outside just the banking sector,” said finance professor Jeffrey Bergstrand in a Marketplace article.
Marketplace -
AP FACT CHECK: Trump hype on auto industry and ventilators
Associated Press used comments from an interview with IT, Analytics and Operations professor Kaitlin Wowak in a piece that was picked up by dozens of other news outlets, including the New York Times, Washington Post, and US News.
Associated Press -
Fed, saying aggressive action is needed, starts unlimited QE
Finance professor Jeffrey Bergstrand talks about two notable differences with the Fed’s response to the financial crisis of 2008-2009 in a Market Watch piece.
Market Watch -
Factories pivot to fight coronavirus, but challenges abound
The Associated Press interviewed IT, Analytics and Operations professor Kaitlin Wowak about factories manufacturing vital equipment for combating the coronavirus. Hundreds of media outlets picked up the story, including the New York times, Washington Post and U.S. News.
Associated Press