March 2020 Macro Indicators
Searching for Safety
This month’s macro deck summarizes the impact of the COVID-19 epidemic on global economic forecasts and on financial market prices. Beyond temporarily lost output, interrupted supply chains, a sharp decline in travel and tourism, and declining consumer confidence, the ripple effects have just begun spreading from Asia to Europe and North America.
Jacques Gordon
Global Strategist
Dan Mahoney
Senior Strategist
Elysia Tse
Head of Research & Strategy, Asia Pacific