how lousy will the recession that is COVID-19?
The real question is perhaps maybe not whether you will have a recession, but exactly just exactly how deep and just how long – and whether investors look set to be relieved or disappointed.
As COVID-19 continues to spread, issue has quickly shifted from whether you will see a recession that is global how dreadful the recession will likely be. Might it be deep but quick? Or prolonged and deep? As investors, the question that is next need certainly to ask ourselves is really what is industry priced for.