Iam intrigued that world over analysts are contemplating what type or shape the recovery will world undergo in the coming future. W-shaped recovery the one which happened during great depression, U shaped, L shaped, V shaped?? Lets share our views.
I also believe apart from what you have said, it will be interesting to see how and when Fed increases the rates. If they do increase and if economy has not gathered then US economy will be in real soup. Lets see how future pans out
This factor applies to all countries that have compensated for their individual situations, as well as having to do so while considering the US position. So the performance of US bankers etc. has also indirectly negatively affected other economies. At least NZ public have not been destroyed financially like so many have in the states.
We all evolve from trials like this and hopefully this altimately means we become stronger and wiser from the lesson. Good Luck.
Completely agree with that, but with all the stimulus that Govt is providing, this recovery is sort of an artificial one, coz the demand is yet to pick up. Unemployment rates are better indicators if actual recovery has happened or not because they are lagging indicators i.e. even if recession were to end today these numbers will still be high. Need to keep watch on those numbers.