Oliver's Insights - The risk of a double dip has risen, but is still not probable
This note takes a look at the risk of a double dip back into recession for the global economy.
The key takeouts are:
- While the risk of a double dip for the global economy has increased, we remain of the view it will be avoided.
- Shares may still see further weakness into September/October, but they are likely to experience strong returns on a six to 12 month horizon as it becomes clear the global recovery is continuing.
