Second Covid Wave Will Lead to Double-Dip Recession, Moody's Zandi Says

The video discusses the current economic optimism fueled by positive data, despite the potential risk of a second wave of the pandemic. It highlights that markets are not heavily factoring in this risk, but prudent investors should. The discussion covers potential business disruptions and consumer behavior changes, leading to a possible W-shaped economic recovery. The video concludes with the implications for markets, including potential adjustments and challenges.

What is the difference between a W-shaped and a V-shaped economic recovery?

What adjustments might markets need to make if a W-shaped recovery occurs?