2020 has been ‘less worse’ than feared but only in 2022 could life look more normal
As when the Covid-19 pandemic unfolded, the variation in global forecasts two years out is wild, perhaps helping to keep implied levels of stock market volatility elevated
30 September 2020 - 14:30
London — While most economic forecasters are still struggling to see to the end of 2020, a brave few are sticking their necks out and predicting a return to some semblance of normality in 2022.
Even assuming an end to the Covid-19 pandemic, the unknowables make such forecasts appear notional at best. But it is all longer-term investors have to hang their hats on for now...
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