Macro Strategy Views: A deep recession but still a chance it will be short-lived

In our weekly Macro Strategy Views podcast, we discuss the recession being extraordinarily deep and much deeper than the worst months in the global financial crisis in 2008-09. However, there is still a chance that the recession will be short-lived. The key will be (1) how the virus numbers develop and (2) the political reaction function in terms of when politicians decide to end the lockdowns. Global Head of FI&C Research Thomas Harr chairs today’s podcast and he is joined by Chief Analyst Allan Von Mehren and Chief Economist Las Olsen.