In the unprecedented health crisis that we are going through, the art of economic forecasting requires great humility.
Graphics and curves in hand, the most seasoned experts lose their Latin, promising in turn a soft or vigorous recovery, a prolonged stagnation or a severe relapse.
At the rate things are going, the pessimist clan unfortunately seems on the verge of triumph.
Investors and consumers, supposed to provide the fuel for growth, remain absent subscribers, paralyzed by the triple gallop of the pandemic.
One by one, the indices deteriorate;
in businesses and households alike, confidence is slipping away, heralding difficult days.
In short, the summer surge following confinement could soon be a distant memory.
No need to graduate from a high school to understand the ins and outs of this relapse, directly linked to health restrictions.
The new turn of the screw announced
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