H1 Equity Markets Report 2020
Written by Jamie Constable, Market Strategist at Singer Capital Markets
Stop! In Q1 2020 the world effectively did as the coronavirus pandemic led to many governments putting their respective economies into hibernation. Was everything we wrote at the end of 2019 destined for the rubbish heap of history? Strangely not! We talked then of the need for fiscal stimulus and that you would hear those words a lot more in 2020, and that the scope for monetary policy to stimulate economies was becoming more limited.