Mar 16, 2020

“No question” we’re headed into a recession

Trading on Wall Street was halted immediately after the opening bell Monday, as stocks posted steep losses following emergency moves by the Federal Reserve to try to avert a recession due to the coronavirus pandemic. Johannes Eisele/AFP via Getty Images

Declines in Chinese retail sales and industrial production show us where the U.S. is headed. Companies respond to the FCC's request for phone and internet providers to get flexible. Sharply falling consumer confidence. How border closures would be catastrophic for supply chain companies.

Segments From this episode

COVID-19

For supply chain companies, U.S.-Mexico border closures could be catastrophic

by Andy Uhler

Mar 16, 2020

Mexico’s deputy health minister says he’s worried about people coming into Mexico from the United States.

Two-thirds of Mexico’s export business is with the United States. And 70% of that passes through Texas.

Spencer Platt/Getty Images

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Music from the episode

Bojack Horseman Main Theme L'Orchestra Cinematique

The team

David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Senior Producer, BBC

Jonathan Frewin Producer, BBC

Daniel Shin Producer

Jay Siebold Technical Director

Brian Allison Engineer

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Rose Conlon Producer

Alex Schroeder Producer

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