Financial News
Written by: Zhang Weilun
2020-06-06 16:10
Date of last update: 2020-06-06 16:10The global economy has been hit by the new coronary pneumonia, and it is expected that the global economy may fall into recession this year. However, O'Neill, the former chief economist of Goldman Sachs, pointed out in an interview with CNBC that the "V-shaped" rebound opportunity of the economy is quite high, and pointed out that the current indicators of many economies show that the economic situation is better than market participants expect. .
He further pointed out that in the past two months, few people believed that the economy could see a "V-shaped" rebound, but many investors who observed high-frequency indicators found that the United States and other places have gone out of the worst.
He also pointed out that the most important thing is still the development of vaccines. He believes that it is not impossible for vaccines to be available before September, but if the chances of finding this situation are not high, it will lead to market disappointment and large-scale infections may also occur in Europe and the United States.
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