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In the abyss of economic forecasts
Seeing the initial economic data reflecting the shock of the coronavirus, it looks like there must be a typo. We double check, but no, these are the right numbers... Since lockdown measures were introduced in China, then in Europe and in the US, these economies have been operating 25% to 35% below their potential. Each week of confinement lops around half a percentage point off GDP. A month and a half of this regime (hard to do less) and then a gradual resumption of activity over...
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Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Bruno Cavalier
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