Slowly Recovering

Published on: June 9th, 2020

The far-reaching effect of COVID-19 on the global economy is being reflected in the data. We anticipate the economic impact to be violent and reach epic proportions. With many western countries in lockdown, Remi Tetot reports on the newly-released economic data that has been particularly impacted by the COVID-19 breakout during the week.


  • SM
    Shantanu M.
    9 June 2020 @ 21:29
    It seems to me in a lot of these charts rate-of-change was decisively in a positive trend by May 1st, and that aligns with how equity markets have performed. In 2018-19 all I heard from macro community was that ROC is all that matters when it comes to markets. So why did no one in Macro community (I don't mean just RV) talk about this? Because absolute numbers were so big?
    • DR
      David R.
      12 June 2020 @ 22:40
      Actually, Keith on Hedgeye talks about this almost every day on his Macro Show.
  • OA
    Obai A.
    10 June 2020 @ 19:47
    So we were just waiting for the chairman to speak for the thesis to roll out! Cheers to Raoul money were made today by sticking to the theory and listening to the alternative markets rather than the stock market!
  • NT
    Norman T.
    14 June 2020 @ 03:29
    I suspect Singapore retail drop reflects fewer tourists shopping in Orchard Road high end boutiques
    • AT
      Anthony T.
      15 June 2020 @ 12:13
      I'm in Singapore. We are still under lockdown - most people are working from home, and we buy things online to be delivered (through services such as Grab)