The strength of the market rebound from the Covid-19 crash in the second quarter of 2020 will be hard to match in the third. It occurred despite the widespread economic pain caused by lockdowns but as central banks flooded the financial system with liquidity.
Despite all the regulatory and legislative safeguards that have been put in place in the last few decades, corporate frauds are still frequent. Investors can mitigate exposure by adopting a diligent approach to governance and watching out for red flags.
Having doubled over the past five years again, the rise and fall of gold a decade ago provides one template for what might happen next. But it is possibly not the best guide to what could unfold. For those with a longer-term perspective, the key year to understanding where gold goes from here is 1979.
The Covid-19 crisis is driving US fiscal, monetary and economic policy to extremes not seen in generations. With presidential elections less than three months away, we examine the potential implications for investors of the diverging trajectories that would likely result from each of the three scenarios currently seen as most probable outcomes from the November ballot.
China boasts the biggest consumer market in the world by population with large parts of it still under-penetrated. Wealth and technology are fuelling the sophistication of tastes and diversifying demand, often in unexpected ways. Success in this market is only for the most nimble, bold and canny of businesses and mapping the patterns of Chinese consumption is essential to any investor in the region.