Recession, Recovery, Demand Destruction and Cyclical Risks
ECRI's Lakshman Achuthan joined Bloomberg TV's Daybreak Asia to discuss recession, recovery, demand destruction, cyclical risks and what happens next.
Additional insights include:
-- You can force a recession, but you can't force a recovery
-- The stock price upturn is consistent with economy’s cyclical fundamentals
-- The biggest risk is a fresh slowdown after the end of this recession
-- The key to risk vs. reward in different industries and economies is their position in international supply chains
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