Global Outlook Update - PART 3
Market Outlook – COVID-19 To Depress Valuations Until Pandemic Solution Is In Sight
By Alessandro Magnoli Bocchi, Brunello Rosa and Nouriel Roubini
26 March 2020
In this paper we discuss:
- Our revised growth and inflation global outlook for 2020 and 2021;
- The risks around our baseline scenario, including that of a "stagflationary depression;"
- The complete scenario analysis; and
- The implications of the various scenarios for markets: equities, fixed income, fx, commodities.
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