Policy Responses to Covid-19
World economies and financial markets are faced with huge uncertainties, not least the covid-19 epidemic.
Pictet Wealth Management's Economists cover the following topics:
- Covid-19. Actions taken by governments to contain the virus have brought economic activity to a virtual halt in a number of countries. Portfolios need special attention as covid-19 continues to spread and it remains difficult to know how hard the epidemic will hit economies (or for how long).
- Fiscal and monetary issues. Some central banks and government have acted decisively to counteract the threat from covid-19, although coordination has been patchy and markets continue to be swayed by news flow. A number of important policy meetings are taking place over the next two weeks that could lead to new fiscal and monetary policy initiatives.
- Politics. US electoral politics are evolving fast, with implications for our investment stance.