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“US Equities pushed higher overnight as solid corporate profits overtook concerns about the impact of global coronavirus flare-ups.
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2022 Post-Pandemic Economic Report
Uncertainties remain, especially with the threat of the Delta variant of the coronavirus disease 2019, but economic recovery is clear.
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Estimates indicate the virus reduced global economic growth in 2020 to an annualized rate of -3.4% to -7.6%, with a recovery of 4.2% to 5.6% projected for 2021. Global trade is estimated to have fallen by 5.3% in 2020, but is projected to grow by 8.0% in 2021. According to a consensus of forecasts, the economic downturn in 2020 was not as negative as initially estimated, due in part to the fiscal and monetary policies governments adopted in 2020.
Generally, economic growth forecasts captured the decline and subsequent rebound in economic growth over the second and third quarters of 2020, but have been challenged since by the prolonged nature of the health crisis and its continuing impact on the global economy.
2020 was not as negative as initially estimated, due in part to the fiscal and monetary policies
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2022 Post-Pandemic Economic Report 2
Uncertainties remain, especially with the threat of the Delta variant of the coronavirus disease 2019, but economic recovery is clear.
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“US Equities pushed higher overnight as solid corporate profits overtook concerns about the impact of global coronavirus flare-ups.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Dolor donec nunc egestas vitae. Euismod ornare adipiscing ac pulvinar est tortor. Volutpat ultricies habitant sem commodo eu, nisi malesuada condimentum. Pellentesque amet ullamcorper sed fusce vel aliquam. Netus sed viverra gravida augue facilisis sit molestie.
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