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With global equity markets rising and global economic growth steeping falling – forming two forks of a ‘K’ – recently, consensus seems to be building of a ‘K-shaped’ recovery.As the coronavirus crisis unfolded, economists and market participants have been debating about the shape of the global economy. The options that had largely been considered included a U, V, W recovery. Now, with global equity markets rising and global economic growth steeping falling – forming two forks of a ‘K’ – recently, consensus seems to be building of a ‘K-shaped’ recovery.
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