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Speaking with Dr Gerard Lyons, who is chief economic strategist at Netwealth…”We now know that because there is no vaccine, some sectors of the economy will not be able to turn to business as usual because of the necessary social distancing…we need to extend the furlough scheme to other sectors…" There’s likely more to come. The world can expect to be hit by “different waves of unemployment,”…said Gerard Lyons, an economist with Netwealth…" Gerard Lyons, Netwealth’s chief economic strategist, writes: “The government needs to unveil a pro-growth economic strategy. There is too much uncertainty about the consequences of the necessary policy-easing that has taken place." Dr Gerard Lyon, chief economic strategist at Netwealth believed that the UK “needs a fresh template for its relationship with China”. He added: “Central to this should be a differentiation between strategic and non-strategic areas."
Gerard Lyons, chief economic adviser at Netwealth, a discretionary wealth management firm, said: "Even years after the global financial crisis it is clear that as interest rates fall, markets are not pricing for the risks that are there." Dr Gerard Lyons, chief economic strategist at Netwealth, writes: "Crucially, while it is positive for many people that they have been able to work remotely during the pandemic, it is hard to see this being beneficial for the wider London ecosystem if it becomes the norm." Gerard Lyons, chief economic strategist at Netwealth, is expecting a U-shaped recovery for the UK economy… the country will come out of recession in the second half of 2020 as the lockdown eases, but says that we shouldn’t expect to reach pre-crisis levels until the end of next year." I asked Charlotte Ransom, chief executive of the investment service Netwealth, if richer parents also end up with shrivelled balances for subsequent children. “I hear about it all the time. It’s either a question of cashflow, when parents are less able to fund it, or sometimes — for wealthier families — life takes over and they just don’t get round to it,"