Global economy to see a U-shaped recovery – JP Morgan
Fundamental Forex Analysis

Global economy to see a U-shaped recovery – JP Morgan

The JP Morgan analysts believe that the global economy is likely to see a U-shaped recovery amid the coronavirus outbreak led deep contraction expected this year.

Key quotes

“The global economy is collapsing at a pace not seen since World War Two.

Staggered re-openings of economies until a vaccine is widely available imply more of a U- rather than a V-shaped recovery for the global economy.”

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