Tuesday, May 12, 2020

Virus, Volatility and Oil Prices

Good inforgraphic analysis on the global pandemic up to first week of April by S&P Global Ratings. If the information is overwhelming, scroll to the Economics section. It is worth reading.
The global economy is expected to tide over by next year. The recovery process is u-shaped, as deep as 1997 Financial Crisis and 2008 GFC, but the recovery process is quicker. The Stimulus package undertaken by the governments will be the barometer on how quickly the economy will recover. Hopefully, COVID-19 will end soon. 


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