Global economy to shrink 'disastrous' 4.7% in 2020 amid post-pandemic scarring, Bloomberg economists forecast

· An optimistic third-quarter bounce in global GDP will fizzle into slowed growth through the end of the year, Bloomberg Economics said Tuesday.
· Economists Tom Orlik and Björn van Roye revised their forecast for global growth in 2020 to -4.7% from -4%, calling for a "disastrous" slide driven by dislocated pandemic...