What if it’s an O-shaped recovery?

By Phil Hall | HousingWire

As the nation seeks to move beyond the chaos of the coronavirus pandemic, predictions of what an economic resurrection will resemble has created something of an alphabet-based guessing game.

For some experts, the future holds a V-shaped recovery with a sharp ascension rising from the swift plummet into near-wreckage. For others, a U-shaped recovery is in the cards, with the economy stuck in the flat doldrums before any upswing takes place.

Then there is the potential of a W-shaped recovery, with a number of ups and downs prior to regaining stability. And perhaps most fatalistically is an O-shaped recovery, where a new wave of coronavirus infections disrupts the return to normalcy and brings the country back to where it started.

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