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Quarterly Investment Update: A novel danger, and response

Last Updated: September 30, 2025

COVID-19, and the disruption to life and economic activity it has wrought, are new to mankind. From its previous peak, America’s benchmark S&P 500 Index has experienced its fastest 20%+ fall since its inception in 1957. Drops of that magnitude – signalling a bear market – have on average taken over 200 days. But the record-breaking plunge is not a reason to expect a sharp technical rebound to begin soon. It simply reflects the gravity of the situation and the fact that markets have been blindsided.

  • Coronavirus
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Investment Insights Q2 2020: When the going gets tough

Last Updated: September 30, 2025

Our lives have been turned upside down by the coronavirus crisis, which is having a profound impact on the global economy and financial markets. Governments are working hard not just to slow the spread of the virus but also to help businesses and their employees. They've announced a range of extraordinary measures, which are being supported by action from central banks.

  • Investments
  • Global Economy
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  • Investment Insights Report