WTO trade index hits a record low, signals that a global V-shaped recovery is unlikely

· The WTO Goods Trade Barometer slumped to a record low of 84.5 as of Wednesday, according to a report from the organization.
· The reading is down down 15.5 points from the index baseline of 100, suggesting below-trend growth, and nearly 19 points lower on the year. 
· "The heavy economic toll of the COVID-19 pandemic...