How bad is the CnV19 recession going to be?
How bad is the CnV19 recession going to be? March NFP was -0.5% (37th worst since 1940), and April is likely to be the worst ever (-10%). Real time measures suggest this is 5x worse than the GFC.
macro, politics, markets, ambivalence
How bad is the CnV19 recession going to be? March NFP was -0.5% (37th worst since 1940), and April is likely to be the worst ever (-10%). Real time measures suggest this is 5x worse than the GFC.