Report
Two very different crises: Large wealth loss after the subprime crisis; significant wealth gain after the COVID crisis
The subprime crisis led to a sharp fall in share prices and real estate prices; in contrast, the COVID crisis has led to a sharp rise in share prices and real estate prices thanks to the fiscal and monetary polic y response . This can be expected to result in the crises having very different effects on investment, consumption and savings, portfolio choices and inequality.
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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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