Double Dip Recession or Recovery Underway – Why The UK Market Doesn’t Know Yet!

Brett Alegre-Wood
September 18, 2020

We have Bounced Back, Are we going to drop back again?

The big question that nobody has the answer at the moment. It all depends on the action the UK government is going to take.

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Recovery or double dip you know I think the key here you know is actually double dip isn't even in the question right now because we haven't come out of the first recession. We're still currently in it all.

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Technically it's not but i think the double dip is more of a figuratively speaking where actually you know we've come through we've had the lockdown which has dropped everything 20.4% as I mentioned. The question is we've now bounced back and bounced back pretty well are we going to drop back again? And that really is a big question.

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And I'll tell you I don't think anyone knows what the answer is and the reason I don't think anyone knows the answer is because it depends on the government and what actions they take yeah and unfortunately for some governments they're going to be quite restricted in what they can and can't do. I think that's one of the keys but in the UK I think that is actually going to work well for us.

Video Transcription

Recovery or double dip you know I think the key here you know is actually double dip isn't even in the question right now because we haven't come out of the first recession. We're still currently in it all. Technically it's not but i think the double dip is more of a figuratively speaking where actually you know we've come through we've had the lockdown which has dropped everything 20.4% as I mentioned. The question is we've now bounced back and bounced back pretty well are we going to drop back again? And that really is a big question. And I'll tell you I don't think anyone knows what the answer is and the reason I don't think anyone knows the answer is because it depends on the government and what actions they take yeah and unfortunately for some governments they're going to be quite restricted in what they can and can't do. I think that's one of the keys but in the UK I think that is actually going to work well for us.


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