Workers make iron bars at a steel factory in Lianyungang, in eastern Jiangsu province, on February 12. Photo: AFP
Workers make iron bars at a steel factory in Lianyungang, in eastern Jiangsu province, on February 12. Photo: AFP
Chris Iggo
Opinion

Opinion

Macroscope by Chris Iggo

Coronavirus recovery: strong growth and low interest rates set to drive global resurgence

  • After a year of restricted economic activity, the level of pent-up demand is huge as people, firms and governments have piles of cash to spend
  • High nominal GDP growth and low interest rates cannot coexist forever, but the combination will be a boon to equity markets in the short term

Workers make iron bars at a steel factory in Lianyungang, in eastern Jiangsu province, on February 12. Photo: AFP
Workers make iron bars at a steel factory in Lianyungang, in eastern Jiangsu province, on February 12. Photo: AFP
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