Cross-posted from FTAlphaville:
Deutsche Bank’s Jim Reid has been on a tear recently, not only getting out his excellent macro round-up every morning but also finding time, somehow, to put together a daily corona-specific report and some thematic research. Respect.
Reid’s latest, titled “800 years of large economic contractions”, takes a look at the historical GDP data, where available, of previous collapses in national income to give some context for the upcoming second quarter print, which many reckon will be the worst on record.
