Insight
Global recession imminent
Report summary
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
-
Executive summary
- 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:
Other reports you may be interested in
Insight
Global upstream M&A in brief
The global upstream M&A in brief provides the Wood Mackenzie view on all of the key M&A events as they unfold.
$1,350
Insight
Global composite refining margin update
Development of our new regional benchmark and global composite refining margins to reflect changes in global crude slates and throughputs
$900
Insight
The energy transition outlook for graphite
Graphite demand would benefit strongly from a more rapid global push for decarbonisation
$1,050