Coronavirus: why it could be a slow and drawn out recovery
When it comes to the bounce back, the markets and analysts are looking to more permanent damage. The coronavirus recovery is likely to be U-shaped, they say, rather than V-shaped
Those betting on a v-shaped recovery following the coronavirus pandemic are in for a nasty shock, as the probability of a painful, drawn-out economic downturn has risen sharply in recent weeks, with European countries and the US now in the grip of the virus.
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