• Omicron is just another variant of concern; but with a catchy name. There will be a Pi, a Rho and a Sigma, but it is very unlikely that any of them will cause an impact similar to that of Alpha; when it all began last year • Optimism about our ability to deal with … Continued
As the Covid crisis weighs heavily on a fatigued population, financial markets move closer to euphoria; clinging to a widely accepted narrative that economies will rebound strongly when herd immunity is achieved, while interest rates will remain extremely low Not all asset classes can justify their seemingly lofty valuations. Given that prices discount … Continued
