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After lockdowns, economic sunlight or a long hard slog?
The surge appears to rest on the pattern shown in gross domestic product forecasts from the big investment banks (see box), which is mainly driven by the expected path for supply shutdowns. Based on indices of lockdown policies published by the Blavatnik School of Government, and on population movements shown on Google Maps, it is likely that supply curtailments in the advanced economies reached their peak in April. From May onwards, a combination of gradual policy relaxations and normalisation of consumer behaviour should allow the global economy to bounce back.
https://finance.yahoo.com/m/17f4189...b625/after-lockdowns,-economic.html?.tsrc=rss
The surge appears to rest on the pattern shown in gross domestic product forecasts from the big investment banks (see box), which is mainly driven by the expected path for supply shutdowns. Based on indices of lockdown policies published by the Blavatnik School of Government, and on population movements shown on Google Maps, it is likely that supply curtailments in the advanced economies reached their peak in April. From May onwards, a combination of gradual policy relaxations and normalisation of consumer behaviour should allow the global economy to bounce back.
https://finance.yahoo.com/m/17f4189...b625/after-lockdowns,-economic.html?.tsrc=rss
