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We believe the global economy appears to be working its way out of a deep recession. High-frequency data and economic indicators are signaling improvement in economic activity, and many governments remain supportive through fiscal and monetary policy. While a resurgence of COVID-19 remains a serious risk, we are finding reasons to be optimistic. Read on for a visual snapshot of GDP growth around the globe.
[1]www.ecb.europa.eu/home/search/coronavirus/html/index.en.html#:~:text=We%20at%20the%20ECB%20have%20put%20in%20place,no%20limits%20to%20our%20commitment%20to%20the%20euro
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This blog post is provided for informational purposes only and should not be construed as investment advice. Any opinions or forecasts contained herein reflect the subjective judgments and assumptions of the authors only and do not necessarily reflect the views of Loomis, Sayles & Company, L.P. Information, including that obtained from outside sources, is believed to be correct, but Loomis Sayles cannot guarantee its accuracy. This material cannot be copied, reproduced or redistributed without authorization. This information is subject to change at any time without notice. Market conditions are extremely fluid and change frequently.
