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HDMV - A Better Q3 And Clear Optimism In Most Markets With Growing Concerns Over Second Wave Of COVID-19
First Trust Exchange-Traded Fund III Horizon Managed Volatility Developed International
Without any doubt, Q2 of 2020 was the worst quarter on record for global trade, and this is very likely to apply to 2020 as a whole.
China (mainland) is the only top economy showing clear and consistent signs of recovery in Q2 and Q3; the results for September point to a recovery in South Korea as well.
Stronger recovery in global real GDP is still expected for Q2 2021; the forecast, unfortunately, depends critically on the ability to deal with the potential waves of the pandemic.