Report
The most severe AND shortest of recessions
In developed countries, real GDP is expected to contract by between -7% and -12% in 2020. This is about seven times the magnitude of a typical recession. The fall in activity will have lasted about two months, five times less than the duration of a typical recession. Severity and brevity are the two characteristics of this business cycle. A rebound seems to have begun, and it will undoubtedly intensify for a few months, especially since central banks have corrected the tightenin...
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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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