report July 20, 2020 Six Risks to the Post‐Coronavirus Recovery Policymakers face obstacles in getting the economy back on track. KEY INSIGHTS Once the initial post‐lockdown economic surge has abated, the global economy faces six key risks to its long‐term recovery. These include a second wave of the coronavirus, deteriorating U.S.‐China relations, and defaults in the U.S. nonfinancial corporate sector. Other risks include fiscal consolidation in developed markets, a... By Nikolaj Schmidt, T. Rowe Price Insights T. Rowe Price Insights