International Swaps and Derivatives Association and K-shaped recovery: Difference between pages

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(ISDA).  
''Economics - recessions - recovery.''


The industry body responsible, among other things, for standardising swap documentation.
A "K" shaped recovery is characterised by a divergence in the recovery - or continued decline - of different sectors of the economy.


The terms of swaps are normally governed by a minimum of two documents: a Master Agreement (often referred to simply as an ‘ISDA’) and a confirmation of the specific details of a particular trade (the ‘confirmation’).
A chart of the key economic measures would resemble a letter "K".




The International Swaps and Derivatives Association was formerly the International Swap Dealers Association.  
:<span style="color:#4B0082">'''''Recovery forecasts diverge'''''</span>
 
:"The impact of COVID-19 is likely to preoccupy businesses into 2021. 
:As of early October [2020], financial markets appear to be pricing in a recovery.
 
 
:However, contingent on developing and rolling out an effective vaccination programme, economists disagree as to whether the recovery will be shaped as a ‘V’ (fast), ‘L’ (slow), ‘W’ (a second or even third wave of the virus) or – perhaps more insightfully – a ‘K’ (growth for some sectors, decline for others)."
 
 
:''The Treasurer magazine, December 2020, p30 - ACT Technical briefing.''
 




== See also ==
== See also ==
* [[Credit default swap]]
* [[COVID-19]]
* [[Credit support annex]]
* [[Deflation]]
* [[GFMA]]
* [[Depression]]
* [[ISDA/IIFM Tahawwut Master Agreement]]
* [[Double dip]]
* [[Great Depression]]
* [[Great Recession]]
* [[Gross domestic product]]
* [[Inflation]]
* [[L-shaped recovery]]
* [[Recession]]
* [[Recovery]]
* [[Reflation]]
* [[Softness]]
* [[Trumponomics]]
* [[U-shaped recovery]]
* [[V-shaped recovery]]
* [[W-shaped recovery]]
 
[[Category:The_business_context]]
[[Category:Identify_and_assess_risks]]
[[Category:Financial_products_and_markets]]

Latest revision as of 14:42, 2 March 2021

Economics - recessions - recovery.

A "K" shaped recovery is characterised by a divergence in the recovery - or continued decline - of different sectors of the economy.

A chart of the key economic measures would resemble a letter "K".


Recovery forecasts diverge
"The impact of COVID-19 is likely to preoccupy businesses into 2021.
As of early October [2020], financial markets appear to be pricing in a recovery.


However, contingent on developing and rolling out an effective vaccination programme, economists disagree as to whether the recovery will be shaped as a ‘V’ (fast), ‘L’ (slow), ‘W’ (a second or even third wave of the virus) or – perhaps more insightfully – a ‘K’ (growth for some sectors, decline for others)."


The Treasurer magazine, December 2020, p30 - ACT Technical briefing.


See also