![(FILES) In this file photo taken on October 15, 2019, Gita Gopinath, International Monetary Fund (IMF) Chief Economist and Director of the Research Department, speaks at a briefing during the IMF and World Bank Fall Meetings in Washington, DC. The economic fallout from the coronavirus pandemic could inflict "significant scarring" worldwide and the outlook for recovery remains highly uncertain, Gopinath said on June 12, 2020. The fund in April projected a global economic contraction of 3.0 percent, but Gopinath said the updated forecasts due out June 24 "will be very likely worse." / AFP / Olivier Douliery](https://thenational-the-national-prod.cdn.arcpublishing.com/resizer/v2/7NJMYRB64OUW465USA5HOVWRZY.jpg?smart=true&auth=b0e680f3ae71d0df436e07964f71cb2c8c1d325bd2e692d0cc93aae7a7f5f645&width=400&height=225)
Gita Gopinath, chief economist of the IMF, says there is divergence between financial market indicators and the real economic activity. AFP
Gita Gopinath, chief economist of the IMF, says there is divergence between financial market indicators and the real economic activity. AFP
Financial markets' disconnect from real economy may lead to corrections, IMF says
Despite a global economic decline, equity market valuations imply a strong recovery