Forecast Update: Recession is Now Unavoidable
March 20, 2020Forecast Update: Recession is Now Unavoidable
The COVID-19 outbreak has sent economic shockwaves across the globe as consumers are urged to retreat into their homes in a
co-ordinated effort to slow the spread of the coronavirus.
The implications of suspended consumption are vast for multiple sectors of the Canadian and global economies, and the trajectory of 2020 has changed dramatically.
We asked Scotiabank analysts to weigh in on what COVID-19 means for energy, equities, currency and retail. Read article