The economic impact of the coronavirus outbreak is expected to put significant strain on credit markets, but private equity-backed companies are in a strong position to endure a lending crunch.
On the podcast, RSM deputy chief economist Kevin Depew discusses the economic impact of the coronavirus, the policy response and his outlook for recovery.
The Fed slashed interest rates to zero, and the Trump administration proposed a trillion-dollar stimulus that would send direct payments to Americans for economic relief.
For companies that haven’t yet implemented contingency plans, these steps can protect supply chains and minimize business disruption.
The manufacturing-focused investor will continue to pay employees, including hourly workers, at its portfolio companies who test positive for the flu or the coronavirus.