close-up of coronavirus in front of stock market trend

Weatherhead’s JB Silvers sees few lasting impacts on the economy

Trump’s suggestion that he may lift coronavirus restriction guidelines seen as putting the economy above life

Cleveland.com: JB Silvers, a professor of banking and finance at the Weatherhead School of Management, gave thoughts on how he sees few lasting impacts of the sudden the economic downturn, which is driven by a lack of demand from social isolation—unlike the 2008 recession, which involved a large amount of debt. For the moment, Silvers suggested listening to health officials: “Until we have the ability to say ‘you’re safe going back and you can be in public,’ you shouldn’t risk it.”