Markets

Why a coronavirus-driven recession would be a unique beast — and why the normal playbook might not work

The ongoing coronavirus outbreak could result in a dangerous and unique type of global economic recession. The outbreak has already crippled spending activity in China and prompted widespread factory shutdowns, harming both supply and demand in the economic superpower – and infecting economic operations worldwide. Central banks are normally well-positioned […]
Why a coronavirus-driven recession would be a unique beast — and why the normal playbook might not work