Central Bankers Stick to Gloomy Outlook

The video discusses current macroeconomic risks, including increasing leverage ratios and downside risks. It highlights future economic challenges, such as missed opportunities and vacations, and explores the potential for a recession if financial instability grows. The recovery pattern following the economic decline in March and April is also analyzed.

What is the main risk mentioned in the text?

How does the leverage ratio affect the risks mentioned?

What does the phrase 'the hard yards' refer to in the context of the text?

What could happen to the economy if financial expectations grow unstable?

Describe the recovery trend mentioned after the decline in March and April.