The IMF’s prediction: in 2020 it will be a recession

The director of the IMF, Kristalina Georgieva, did not use half-words in his speech a few hours ago in videoconference in front of the G20 finance ministers “Our prediction for world growth in 2020 is negative, and we expect a worse global recession than to the financial crash of 2008 “

Kristalina Georgieva has been particularly concerned about emerging countries: according to IMF calculations, large international investors have withdrawn 83,000 million dollars from emerging markets: “It had never happened so far,” Georgieva underlines.

However, satisfaction in the IMF for the fiscal measures that European governments have taken to combat the emergency, although it is possible that fiscal measures may have to be increased once again so that businesses can restart normally after the virus has finally disappeared.

From a trading perspective, this confirms my idea that short positions in the various indices should be insisted in the short term, even if at this precise moment, while I am writing, the European stock exchanges are strongly increasing, as are the American futures.

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