This is why there is a big chasm between financial markets and the real economy
Many investors are struggling to navigate some industries and have been forced to question if those trends are temporary or permanent
08 December 2020 - 14:27
2020 has been a year of extreme volatility, both emotionally and for financial markets. The drama of a global pandemic has been extraordinary, and it should make all of us take stock of the world we now occupy. As investors, such contemplation is even more relevant as we also assess the apparent short-term disconnect between the V-shaped recovery in financial markets and the ongoing distress in the real economy.
Understanding that disconnect is an important requirement before we even attempt to predict the future. Why is there such a significant disconnect between financial markets and the real economy?..
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