Q2 Outlook: Safety first
In our last quarterly outlook, we flagged our cautious posture on risk assets, taken due to a number of smouldering risks on the horizon. One risk we did not highlight, however, was that a pandemic would break out, causing untold human suffering and economic damage.
We are clearly now living through an extremely challenging period for society and the global economy, as the entire world is enlisted in efforts to combat the spread and impact of COVID-19.
We offer potential answers to three critical questions for investors about the economy and markets in the shadow of the coronavirus crisis – and explain why we remain cautious on risk assets.
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