After a V-shaped recovery in markets, growth is expected to rebound strongly in the second half of the year, but the recovery from the COVID-19 pandemic is far from complete. Joe Lupton, from Global Economic Research at J.P. Morgan and Joyce Chang, Chair of Global Research at J.P. Morgan discuss the outlook for financial markets and the economy in the second half of 2020.
After a V-shaped recovery in markets, growth is expected to rebound strongly in the second half of the year, but the recovery from the COVID-19 pandemic is far from complete.
2020 has defied all expectations—the world has been turned upside down by the outbreak of COVID-19, causing a global shutdown, surge in unemployment and deep recession. Central banks stepped in to take unprecedented action, which led to a dramatic retracement or “V-shaped” recovery in financial markets.
Along with the COVID-19 health crisis, civil unrest and nationwide protests are taking place ahead of a crucial U.S. presidential election. So, what’s is in store for the second half of 2020?
Listen to Joe Lupton, from Global Economic Research, and Joyce Chang, Chair of Global Research, discuss what lies ahead for the remainder of the year.
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