With the real economy slowing to a crawl to protect human life, record high levels of debt and a recession looming, it isn’t any wonder that we’ve seen massive instability in global markets. Everyone is seeking to draw a parallel to this period. Whether it be - the Global Financial Crises, the Spanish flu epidemic of 1918 or the onset of the Great Depression… But as Howard Marks eloquently put it - “Nobody knows”. Investing today is quite simply like going where no one has gone before.
One thing is certain however. Everything ends.
Join Amit Lodha, Portfolio Manager for the Fidelity Global Equities Fund as he looks at how global markets are faring, how he’s positioning his own portfolio and what we can do as investors to better cope with the certainty until COVID-19 reaches its expiry date.