The International Monetary Fund (IMF) released a revision to its previous economic outlook data, showing a further downward revision of global GDP through 2021 due to the covid-19 pandemic. The IMF’s update quotes a larger-than-expected negative impact to markets than it forecasted in April, but as shown in the chart below, we at Marsoft had already expected a similar drop and subsequent recovery weeks earlier in our published Q2 2020 reports.
To learn more about how we help our clients mitigate risk in times of uncertainty please contact one of our offices.
Comments