Terraces sit empty in riverside restaurants and bars at Boat Quay in Singapore. Governments in Singapore and elsewhere are delivering stimulus packages to support economies heading for recession. Photo: Bloomberg Terraces sit empty in riverside restaurants and bars at Boat Quay in Singapore. Governments in Singapore and elsewhere are delivering stimulus packages to support economies heading for recession. Photo: Bloomberg
Terraces sit empty in riverside restaurants and bars at Boat Quay in Singapore. Governments in Singapore and elsewhere are delivering stimulus packages to support economies heading for recession. Photo: Bloomberg
David Brown
Opinion

Opinion

Macroscope by David Brown

Economic recovery is certain even after the worst hit – the coronavirus crisis will be no different

  • The optimism of the US stock rally last week may look misplaced, but the nature of economic cycles should give confidence that the world will bounce back – even if the recovery is more likely to be gradual and U-shaped, than sharp and V-shaped

Terraces sit empty in riverside restaurants and bars at Boat Quay in Singapore. Governments in Singapore and elsewhere are delivering stimulus packages to support economies heading for recession. Photo: Bloomberg Terraces sit empty in riverside restaurants and bars at Boat Quay in Singapore. Governments in Singapore and elsewhere are delivering stimulus packages to support economies heading for recession. Photo: Bloomberg
Terraces sit empty in riverside restaurants and bars at Boat Quay in Singapore. Governments in Singapore and elsewhere are delivering stimulus packages to support economies heading for recession. Photo: Bloomberg
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