Rob Carnell
Rob Carnell
altered believe decline economic fear greatest lead leading life loss obviously output result
Substantial loss of life would obviously lead to a decline in economic output but we believe fear of infection, leading to drastically altered behavior, would result in the greatest economic damage.
anyone danger euro instead point rate stronger surprised thinking time timing
There is a danger that the stronger euro will snuff out the data, ... But at this point in time I would be very surprised if anyone is thinking about a rate cut, and instead they will be thinking about what is the timing of the first rise.
anyone danger euro instead point rate stronger surprised thinking time timing
There is a danger that the stronger euro will snuff out the data. But at this point in time I would be very surprised if anyone is thinking about a rate cut, and instead they will be thinking about what is the timing of the first rise.
begin cannot case damage declines domestic economic economies europe gross growing growth might potential quantify realistic scenario slower terms wiped
We cannot begin to quantify the potential damage in terms of gross domestic product, but a realistic scenario might be GDP declines in the tens of percent, ... In the case of slower growing economies such as Europe or Japan, a decade's economic growth could be wiped out.