—there is much we don’t know. Is Covid-19 on its way out or surging? Will it make a deadly return in 2021 like round two of the Spanish flu? Will the global experiment in modern monetary theory lift whole economies or just boost asset prices? Will it sow inflation or will recessionary deflation continue? Other trends are clearer.
Stocks have held up more than one would have expected, given the Great Depression-like collapse of commerce in the second quarter. Tech has surged. What markets see is a reasonably fast recovery—not a V-shape, but a “skinny U” as Campbell Harvey, a professor at Duke’s Fuqua School of Business, put it recently. Still, it may take 18 to 24 months to return to January 2020 levels of global GDP.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
If anything in this article turns out to be wrong the person who wrote it must quit journalism
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Drugmakers Sanofi and Glaxo launch human trials for Covid-19 vaccine - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Click bait Possible side-effects: COVID-19
Source: BusinessInsider - 🏆 729. / 51 Read more »
Japan sushi chef using bodybuilder delivery to buoy COVID-19 hit businessA sushi restaurant in central Japan is trying to boost sluggish demand during the coronavirus pandemic by sending shirtless bodybuilders to deliver food to its customers. Atento matiask Sexist objectification is a thing in only one direction apparently Now we’re talking!!!
Source: Reuters - 🏆 2. / 97 Read more »
11 Northeastern students dismissed for breaking COVID-19 rules to party - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Somewhere Darwin is smiling Oh man, if I were their parents I’d be mad at them!
Source: BusinessInsider - 🏆 729. / 51 Read more »