2020 will forever be remembered as the year of the COVID-19 pandemic, which led to the most severe economic contraction in almost 100 years. In addition to COVID-19, 2020 was also memorable for other developments: As the world ground to a halt in March, policy responses were similarly unprecedented in […]
Tag: Investments
AndPapers Q4 2020 – Central Bank Mantra ‘Low for Longer’
The release of this outlook coincides with the 6-month anniversary of when the UK first entered lockdown. As households and companies adjust to this COVID-19 dominated era, so must investors. One of the main conclusions is that the combination of VUCA (Volatility, Uncertainty, Complexity and Ambiguity) is the highest that […]
Q3 2020 Macro Outlook – Where Now For The Global Economy?
Financial markets have rallied since April, with investors growing more confident that economies will turn around quickly from the fallout caused by the pandemic. Their optimism has increased in recent weeks as various countries have started to ease lock-down restrictions and tentative signs of stabilisation have emerged. Daily activity trackers […]
Q2 2020 Macro Outlook – From Growth, to Unprecedented Global Contraction, to Recovery
The nature of the economic shock experienced in recent weeks is unparalleled, with governments driving economies into recession in order to deal with a public health emergency. The impact on markets has been equally severe and despite some more recent relief for asset prices, a great deal of uncertainty remains, […]
Q1 2020 Macro Outlook – 20/20 End of cycle postponed, but vision far from perfect
Looking back, 2019 will be remembered as the year when major central banks staged a significant turnaround in monetary stance. The easing was precipitated by the US Federal Reserve’s (Fed) dovish pivot in January, and since then we have seen both the Fed and European Central Bank (ECB) loosening financial […]