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Chinese equities are a case in point. Their recent outperformance has been more abrupt than most think.
The paths of financial markets and economies almost always involve uncertainties—it’s par for the course. But the abundance of uncertainties brought about by COVID-19 is making the science (and art) of economic forecasting unusually difficult.
The Fed is adding a new twist to its asset purchase program by buying corporate and municipal bonds. The question is, should investors do the same?
Growing uncertainty about the future course of the pandemic and economy has persuaded us to move our recommended equity positioning to Underweight
We explore the economic scenarios that could unfold depending on the path the virus takes and the different ways the recovery could play out in 2021.
