2020 was tumultuous. This year will be different and we are positioning ourselves to get the best risk-adjusted returns over the next 12-18 months
Both financial markets, and us, have come a long way since the dark days of spring to the (unseasonally) brighter days of winter. Back in March, as the huge and synchronised shock to economic activity from Covid-191 was met with an equally vast and synchronous policy response, we, as most others, marked sharply lower our expectations for economic and corporate earnings growth in 2020. Read article
