uncertainty abounds in the search for economic recovery timetable: Uncertainty Abounds in the Search for Economic Recovery Timetable
- 04/23/20 07:32 AM
Uncertainty Abounds in the Search for Economic Recovery Timetable: Earlier this week, we discussed how most projections from financial institutions are calling for a quick V-shaped recovery from this economic downturn, and there’s research on previous post-pandemic recoveries to support that expectation.
In addition, we noted how there are some in the business community who believe we may instead be headed for a U-shaped recovery, where the return to previous levels of economic success won’t occur until the middle of next year. Yesterday, Reuters released a poll of U.S. and European economists which revealed that most surveyed are now leaning more toward a U-shaped recovery.
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