Report
Cyclical outlook in OECD countries: Our reflexes must be corrected
The normal "reflex" for economists is to expect a recession in OECD countries when unemployment becomes low. But this reflex must now be corrected: Currently, OECD is not sliding into recession; And we see the new causes of this resilience to recession: demand-side policies are very stimulatory, corporate profitability is strong, borrower solvency is ensured by very low interest rates.
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Natixis
Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.
Patrick Artus
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