Four months ago the investment community was oblivious to what 2020 held in store. Then the market shocks began piling up: GDP growth, a collapsing oil price, unemployment and sliding corporate earnings.

We adapted, rapidly. Today, we’ve moved to analysing various scenarios exhaustively, trying to determine how and when these dislocations will settle — if, indeed, they ever do.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now