Investment Outlook: Restart after sudden halt?
Press releaseStockholm, May 19, 2020 The rug was pulled out from under risk assets during March, as investors realised the severity of COVID-19 and its impact on the global economy. Central banks and governments responded rapidly and aggressively with stimulus packages, but the economic damage left behind by the pandemic will undoubtedly take time to repair. The question that investors are asking themselves is how fast economies can be restarted and revert to some kind of normality. Our forecast is a short but deep recession this year, followed by a robust recovery in 2021. “