COVID-19 has now spread to 110 countries in every continent except Antarctica. The number of cases outside of China continues to double every four days while political leaders declare emergencies, global equities plunge, and volatility and risk premia soar. Is this now a pandemic? What's actually happening in China? How should we think about the timing of the epidemic, the ultimate death toll, the policy response, and its impact on the real global economy? Watch Neil analyze the impact of COVID-19, take questions from the audience, and announce once again that the virus is a pandemic moments before the WHO itself officially declares it to be a pandemic.
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