Will failing firms clear the path for thriving successors? Not in this recovery

The EU is not just outperforming in terms of virus management, but economic policy. That makes "Buy Europe" a more attractive proposition

Expect a larger role for the state and plan accordingly

The time may come for such a programme but it is not today

There is no moral hazard involved now in offering help to struggling economies

As the virus spreads and the dollar appreciates, what of emergent economies?

Flatten the curve of the economic shock

Growth is still above potential, but trade wars and flagging business investment could yet knock things off track