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22.04 - 22:17
Are companies optimistic about growth prospects following COVID-19 stimulus measures?
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The COVID-19 outbreak has marred the growth expectations of companies of all sizes globally, across multiple industries. An ongoing poll being conducted by Verdict to track the optimism/pessimism over the growth prospects of companies has revealed that incremental stimulus announcements have improved companies’ optimism about growth, following a disappointment over the size of the stimulus.
Analysis of the poll results depicts a clear shift in trend in the last week of March, especially after 28 March. A sudden spike in pessimism was witnessed after 27 March, barely after the US Senate approved a $2t economic stimulus package, hinting of dissatisfaction over the inadequacy of the stimulus even as economic experts have warned of the worst
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COVID-19
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