Pegasus Capital

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Head Office

Head Office
Access House, Cray Avenue
Orpington
Kent, BR5 3QB

01689 823 953

enquiries@pegcap.co.uk

Sampuran House
3a Chislehurst Road
Orpington
Kent, BR6 0DF

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A View From The Bridge - May 2020 (2)

The risks of a deflationary outcome remain very elevated. Our understanding of likely household responses is becoming more informed, particularly with regard to genuine uncertainty, precautionary savings balances being built (where possible) and the likely consolidation of credit related debt. Turning the tide on the risk of viral infection and saving lives is the driving policy of government, but by definition this just pushes another rising tide of shrinking demand onto the economy.

PegasusCapital - 07/05/2020