Are the markets COVID-19 immune?
2020 has witnessed remarkable and wildly unexpected events worldwide, and share markets are no exception.
2020 has witnessed remarkable and wildly unexpected events worldwide, and share markets are no exception. They’ve been on a rollercoaster since COVID-19 became part of our everyday vocabulary.
Although outcomes remain unknown, and certainty still far out of reach, the markets are displaying a curious and strange resilience.
The world’s largest market (the U.S.) down a third in March/April, vaulted back up by 51% reaching new highs by August.
Central banks have played a key part, printing money to stem the economic carnage. Markets now display puzzling signs of immunity to COVID-19.
But can it last?
Pathfinder Chief Investment Officer Paul Brownsey, and Portfolio Manager Hamesh Sharma, in their August webinar, take a closer look at what’s going on and speculate on where things may be headed.
