Barometer: Liquidity vs the virus

Vast amounts of stimulus have underpinned the markets after the initial shock of the Covid-19 crisis. The question for investors now is whether such support can continue to oćset a sharp fall in corporate profits. There are few certainties when it comes to investing. Take Covid-19. Just when many parts of the world looked to have got to grips with the coronavirus pandemic, the US, South Korea and Beijing re-imposed lockdowns to contain a surge in new cases. A standing reminder that virus infections could – as the World Health Organization points out – ebb and flow for up to five years.