Natixis - No normality before the second quarter of 2021 at the earliest

Report

Natixis

Patrick Artus

No normality before the second quarter of 2021 at the earliest

The deterioration in the public health situation will lead to a further deterioration in the economic situation, affecting in particular the hardest-hit sectors and the situation of financial markets. This will give rise to: An even greater structural deterioration in the economy; Even more expansionary economic (fiscal and monetary) policies; And, as a result, an even more extreme upswing in financial markets when a vaccine becomes available.

01/10/2020 6 EN

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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.

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Analysts

Patrick Artus

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No normality before the second quarter of 2021 at the earliest

Long Bono 01/41 vs. Short Bund 05/41

Overview of the Asian covered bond market

Consolidation after the euphoria?

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