# In a live interview, Professor Edward Altman shares his perspective on the economic outlook amid the coronavirus pandemic

1 Faculty News March 23, 2020 ![Yahoo Finance logo](/sites/default/files/styles/246w/public/assets/images/yahoofinance.jpg?itok=iQnyXkp_)>

Excerpt from [Yahoo Finance](https://finance.yahoo.com/video/bankruptcy-expert-ed-altman-economic-184037880.html) -- “'Well, there’s no question now that we are heading into a recession, just about everyone is forecasting that. So my analysis has always been ‘what will happen when we go into a recession’, rather than ‘what’s happening, given the good times that we had until the beginning of this year’, and our analysis show that when you go into a recession, then the percentage of companies issuing debt has a percentage of GDP is very important.'"

[Watch the Video](https://finance.yahoo.com/video/bankruptcy-expert-ed-altman-economic-184037880.html)