Economists Now Expect Recovery Will Be More of a ‘Swoosh’ Than V-Shaped

Wall Street Journal, May 11, 2020–Paul Hannon, Saabira Chaudhuri (subscription)
Until recently, many policy makers and corporate executives were hoping for a V-shaped economic recovery from the coronavirus pandemic: a short, sharp collapse followed by a bounce back to pre-virus levels of activity. Now, however, they expect a “swoosh” recovery.
https://www.wsj.com/articles/why-the-economic-recovery-will-be-more-of-a-swoosh-than-v-shaped-11589203608?mod=hp_lead_pos1