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LYG - Lloyds - A Leveraged Bet On The British Housing Market
Lloyds Banking Group Plc American Depositary Shares
The big UK macroeconomic bet
What's the shape of this recession going to be then? The V shape that we've had so far? That is, an horrendous slump in GDP of 20% and more followed by clawing back half of that in the subsequent three months? Presumably to be followed by another climb in the month just gone and the month currently we're living through? That is what has happened in the UK so far, yes.
But is it going to continue? What about when furlough ends - in a few weeks that is