US GDP could shrink by 13% in 2nd quarter as part of ‘severe global recession,’ Deutsche Bank says

A drop in GDP that severe would be “significantly beyond the range of modern historical experience,” Deutsche said.
— Read on www.cnbc.com/2020/03/18/us-gdp-could-shrink-by-13percent-in-2nd-quarter-as-part-of-severe-global-recession-deutsche-bank-says.html