Economists say the US economy is either entering a recession or already in one, but the way it rebounds could take several forms. Experts have turned to the alphabet to describe how GDP, company profits, and stock prices could return to higher levels or stay mired in virus-induced lows. A V- or U-shaped recovery relies on effective containment of the outbreak and ample stimulus from the government and the Federal Reserve, Seema Shah, chief strategist at Principal Global Investors, said. A...
Continue Reading The recession alphabet: How analysts are using letters to project the economy's recovery from coronavirus