Insight

Global recession imminent

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Given the impact of the coronavirus pandemic, we are preparing to downgrade our economic outlook to a global recession for 2020. Worldwide lockdowns to control the spread of the virus risk triggering an economic meltdown. The question is, will this recession surpass 2008/09, and how quickly can the economy recover? In this Insight, we assess key signposts which will guide our downgrade of the global economy.

Table of contents

    • From lockdown to economic meltdown
    • Markets signal severe recession
    • China in freefall
    • Whatever it takes (again)
    • Lasting damage and a short, sharp recession

Tables and charts

This report includes 10 images and tables including:

  • S&P500
  • FTSE100
  • Nikkei225
  • DAX30
  • US government bond 10-year
  • Gold bullion
  • China fixed asset investment
  • China industrial production
  • Post-crisis growth surge
  • GDP level remains below pre-crisis trend

What's included

This report contains:

  • Document

    Global recession imminent

    PDF 847.80 KB