The recession alphabet: How analysts are using letters to project the economy's recovery from coronavirus
Economists say the US economy is either entering a recession or already in one, but the way it rebounds could take several forms.
A W-shaped trend would usher in bumpy, two-staged resurgence, Jack Janasiewicz, portfolio strategist at Natixis Investment Managers Solutions, said. Exactly which letter an uptrend may look like depends on a few variables. Central banks around the world have unleashed trillions of dollars in stimulus to stabilize economies and keep citizens afloat.
Even if it paints a rosy picture of economic resurgence, the hopeful trendline doesn't account for a downturn's lasting effects, Shah said. Such simplifications can be misleading in how they depict recession as an event that does little harm if it lasts only a few weeks. Everyday Americans will struggle through a relatively quick slump as financial conditions tighten and defaults rise, she added.
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