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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (86305)6/10/2020 7:23:01 AM
From: Goose94Read Replies (1) of 202862
 
HUV-T: The Organization for Economic Co-operation and Development is acknowledging that forecasting the outlook for the economy is essentially a coin-toss right now, and it all comes down to whether a second wave of COVID-19 materializes – not to mention the fact there’s “little prospect” of a vaccine this year. In its latest global economic outlook, the OECD took the unusual step of presenting what it calls “two equally likely scenarios”: one that sees the world economy shrinking six per cent this year, the other that sees a 7.6 per cent contraction. As for Canada, the OECD predicts the economy will shrink either eight or 9.4 per cent this year. We’ll dig into the outlook with OECD secretary general Angel Gurria at 1000ET BNN.ca
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