“I don’t think there’s a letter in the alphabet which adequately describes the profile of the economic shock that … we’re beginning to see,”
Jonathan Pain, author of The Pain Report, told CNBC’s “Street Signs” on Monday morning in Asia. “I believe that repricing … has just started and I think it’s gonna be approximately 20 to 25% in the next month or so.”
“I don’t think there’s a letter in the alphabet which adequately describes the profile of the economic shock that … we’re beginning to see,” Pain said.
“Of course there will be a recovery at some point in time, however, we don’t know when that point in time is.”
In the earlier days following the outbreak, many economists had predicted a V-shaped recovery, which describes downturns that see a steep fall before recovering sharply.
CNBC 23 February 2020
“I don’t think there’s a letter in the alphabet which adequately describes the profile of the economic shock that … we’re beginning to see,” Pain said.
“Of course there will be a recovery at some point in time, however, we don’t know when that point in time is.”
In the earlier days following the outbreak, many economists had predicted a V-shaped recovery, which describes downturns that see a steep fall before recovering sharply.
CNBC 23 February 2020
https://www.thepainreport.com.au/
Growing numbers of countries are screening passengers at airports and borders for signs of covid-19. But when a virus starts travelling around the world, says Michael Ryan of the who, its real point of entry is a busy emergency room or a doctor’s surgery.
https://www.economist.com/international/2020/02/22/experts-predict-that-covid-19-will-spread-more-widely
Growing numbers of countries are screening passengers at airports and borders for signs of covid-19. But when a virus starts travelling around the world, says Michael Ryan of the who, its real point of entry is a busy emergency room or a doctor’s surgery.
https://www.economist.com/international/2020/02/22/experts-predict-that-covid-19-will-spread-more-widely
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