UBS now sees a deep US recession by July due to the coronavirus pandemic - Business Insider

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.UBS now sees a "massive contraction" and deep recession occurring in the US economy caused by the coronavirus pandemic.

Still, UBS thinks the US economy will rebound starting in the third quarter and accelerate as consumer spending and business activity are aided by government stimulus. UBS sees a "massive contraction" occurring in the US economy in the second quarter of 2020 and a deep recession in the first half of the year due to the coronavirus pandemic.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Coronavirus: Rest stops in US closing, and truckers have few options - Business InsiderTruck drivers have a big problem: Rest stops are shuttering across the US, leaving them to scramble for places to sleep, eat, and use the restroom the parking lots are not closed and we can still get take out. AStuttaford The Coronavirus is revealing the idiocy and shortsightedness of most governments. It is ALWAYS a problem, this is just making it worse.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Bank of America says coronavirus has already pushed the US into recession - Business Insider'We believe that the US economy has fallen into recession, joining the rest of the world, and it is a deep plunge,' said Michelle Meyer of BofA. Then suspend all current interest on mortgages to help BankofAmerica
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Flying home to the US during coronavirus was surreal, anxiety-inducing - Business InsiderI just flew home to New York City from South Africa after cutting my vacation short because of the explosion of the coronavirus pandemic, and it was a completely surreal experience
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »