13/04/2024
Global Investment View
Global Investment Views - April 2024
Global Investment View - April 2020
Thursday 16 April 2020
Global Investment View
Contagion speed is key for markets to reach turning point
Markets (financial cycle) are leading the economic cycle and wil bottom out before the end of the coronavirus pandemic (COVID-19). However, they will stabilise once reassured on three points.
- The cyclical pattern of the pandemic, or when there is some sign of an improvement on the speed of the contagion.
- The ‘whatever is necessary’ tactics of the fiscal and monetary authorities.
- The short end of the credit curve and core bond yields.
