Surveillance: Zombie Firms With IMF's Okamoto

Geoffrey Okamoto, IMF First Deputy Managing Director, says certain sectors are not going to be as economically viable if their business models can't adapt to the structural changes caused by the coronavirus pandemic. Julian Emanuel, BTIG Chief Equity & Derivatives Strategist, says a NASDAQ retraction of 10 percent could be a healthy development in the long-term. Alberto Gallo, Algebris Investments Head of Macro Strategies, expects central banks to remain stuck in quantitative easing for a very long time. Julia Coronado, Macropolicy Perspectives Founder & President, says the U.S. economic outlook could take a turn for the worse again as some states increase virus restrictions.

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