Volatility and Recession
We asked Yoram Lustig, Head of Multi-Asset Solutions, to prepare a series of short videos in which he shares his thoughts on the financial market aspect of the human crisis we find ourselves in. In this second video he looks for good news amidst the economic gloom. Whilst all economic indicators point to a deep and sustained recession, the recent strong rally in equity markets suggest stocks are pricing in a rapid recovery.
But bond markets imply a different view. Who should we believe?
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