Investment

The Case for Economic Optimism

By: Paul Donovan, Chief Economist at UBS Despite Lockdown, 85% of salaries remained unchanged during the last quarter in Europe and the US, meaning saved money will be spent, and stock inventories will be replenished…
Investment

United States: Two-speed business bankruptcies

By: Coface As the COVID-19 epidemic hits the United States very hard, Coface forecasts in its baseline scenario that the country’s GDP will contract by 5.6% in 2020, before rebounding by 3.3% in 2021. Nevertheless,…