Monday , November 25 2024
Home / Mike Norman Economics / McKinsey — Global Economics Intelligence executive summary, September 2020

McKinsey — Global Economics Intelligence executive summary, September 2020

Summary:
Analysts are remarking on the “spikiness” of many high-frequency economic indicators in the present downturn. The path to recovery has not been smooth, partly because the main source of this downturn does not lie within the economic cycle per se, but rather within the restrictions governments implemented to stop the spread of the virus. A delayed ebb and flow of economic activity can be expected where the virus resurges and countermeasures are reimposed. Executive respondents to McKinsey’s latest survey of economic conditions seemed to take cognizance of the unevenness, while expressing more hopeful views on the global economy nonetheless.Rocky road.McKinseyGlobal Economics Intelligence executive summary, September 2020See alsoCalculated RiskUpdate: Framing Lumber Prices Up 65%

Topics:
Mike Norman considers the following as important:

This could be interesting, too:

Matias Vernengo writes Milei’s Psycho Shock Therapy

Bill Haskell writes Population Growth Outcomes

Robert Vienneau writes Books After Marx

Joel Eissenberg writes Undocumented labor: solutions, not scapegoating

Analysts are remarking on the “spikiness” of many high-frequency economic indicators in the present downturn. The path to recovery has not been smooth, partly because the main source of this downturn does not lie within the economic cycle per se, but rather within the restrictions governments implemented to stop the spread of the virus. A delayed ebb and flow of economic activity can be expected where the virus resurges and countermeasures are reimposed. Executive respondents to McKinsey’s latest survey of economic conditions seemed to take cognizance of the unevenness, while expressing more hopeful views on the global economy nonetheless.
Rocky road.

McKinsey


See also

Calculated Risk
Update: Framing Lumber Prices Up 65% Year-over-year
Bill McBride
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *