COVID-19 Leads To A Global Recession With Severe Bear Market and Debt Crises

GLOBAL OUTLOOK 2020 UPDATE – PART 1

In this paper we discuss:

• A scenario analysis for the evolution of the COVID disease and its economic impact;
• Our estimates for DM, EM and global growth on a q/q and yearly basis;
• A discussion on the fiscal and monetary policy response; and
• The implications for banks, debt and markets of all the above.

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Download PDF: Global Outlook Update – PART 1 – March 2020