Will it be the shortest recession in history?

The coronavirus pandemic has created one of the worst recessions the world has seen since the 1930’s Great Depression – but it is also shaping up to be one of the shortest.

According to research from Commonwealth Bank’s international economics team, the global economy is already showing signs of bouncing back, following a “very deep [contraction] but very quick at only a few months”.

“The months-long lockdown in the first half of 2020 means most economies will contract in 2020. But…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *