Respondents to FinanceAsia’s Impact of Covid-19 on Credit Markets survey, in partnership with Fitch Ratings, are looking forward to a partial recovery in the fourth quarter.
If you think the global economy is improving, take off your pinstripes, put on a pair of jeans and a T-shirt, go for a drive in the US and have a look around.
Despite recent negative news, a recovery in the Asia-Pacific region is possible in the second half of 2009, but any further shocks will be difficult to counter.