- Analytics
- News and Tools
- Market News
- Coronavirus: Five reasons why the recovery will take time – ABN Amro
Coronavirus: Five reasons why the recovery will take time – ABN Amro
FXStreet reports that economists at ABN Amro set out five reasons to expect the economy to take time to recover.
“According to the various government plans, the exit process is going to be a gradual process in most jurisdictions. In addition, there will likely be a long tail with some activities working at below pre-corona capacity levels because of social distancing measures that will likely persist for several months.”
“There is a distinct possibility that the exit process is not smooth, but determined by how the virus data react to the lifting of restrictions. Deteriorations in the virus data could lead to a pause in the process of lifting restrictions or even a re-introduction of some measures.”
“The lack of a silver bullet solution or alternatively virus trends being very suppressed could lead to ongoing subdued consumer behaviour.”
“China’s post lockdown experience also points to a slow recovery in the services sector, with consumers remaining cautious.”
“The second round effects from the initial economic shock will continue to weigh on the economy, as these effects take longer to work their way through.”
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.
Bank transfers
