How will policymakers respond to a recession in trade but not jobs?
Saturday, March 28, 2020
Since October, global growth in trade and manufacturing activity has been in a severe slump. In fact, it’s been almost as bad as it ever gets, outside of US recessions. What are the drivers of this recent slump and what does it mean for markets and for policy decisions in the months ahead? James Sweeney, Chief Economist, Credit Suisse, will explain why manufacturing is likely to recover, and why ongoing tightening of labor markets across the developed economies is likely to be a bigger risk to investors and to the global business cycle.