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M&G: This time is different: a stay at home Flash Crash t-shaped recession

COVID-19 update for Financial Advisers & Paraplanners

19 Mar 2020

M&G: This time is different: a stay at home Flash Crash t-shaped recession

Whenever there is the threat or the reality of recession, it usually follows a typical pattern. It is engendered by tight financial conditions, a real or market bubble bursting, a dramatic rise in the price of oil, or a combination of the above. This time it is different: a stay at home recession.

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