$6 Trillion Contraction Could Be "Too Optimistic", Economists Warn Eyeing Second COVID-19 Wave
Apr 27th 2020 11:50am EDT
$6 Trillion Contraction Could Be “Too Optimistic”, Economists Warn Eyeing Second COVID-19 Wave Bloomberg Economics estimates that the global economy will contract 4% in 2020 due to coronavirus lockdowns. However, these estimates are overly “optimistic,” assuming a V-shaped economic recovery would be seen in the back half of the year. The narrative of a V-shaped recovery […]
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