Covid-19 Prevention: An Unprecedented Global Economic Shock

DWS
By March 24, 2020 09:30

Covid-19 Prevention: An Unprecedented Global Economic Shock

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Prioritizing prevention over production: expect a sharp but brief recession

Many cities and institutions around the world are putting prevention over production. They are curtailing large group activities through March or longer to contain the virus. Local actions and the Federal 30-day U.S. travel ban to or from Europe and parts of Asia are tremendous global economic shocks that will bring giant short-term supply and demandside destruction. Disruptions comparable or worse than …

DWS
By March 24, 2020 09:30

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