As we approach the latter stages of the third quarter, global markets continue to exhibit high levels of volatility in reaction to the Covid 19 pandemic.
With a resurgence of the virus widely expected, Governments and Central Banks are again poised to act with stimulus packages and further cuts to interest rates in a bid to provide more support to regional economies.
In this update, Deputy Chief Investment Officer Colin Gellatly, offers his thoughts as to why a second wave of the virus could ‘indirectly spur markets’, based upon how they have reacted in the past to a combination of government spend, interest rate cuts and quantitative easing.
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Andrew & Richard
Andrew S. Turner MSc Cert CII FPFS Certs (MP & ER) and Richard Olive BA (Hons) APFS
Karrek Chartered Financial Planners
Office: 01637 853153