This week’s Capital Agenda Blog comes from Jon Hughes, Managing Partner for EY’s UKI Markets. Covid-19 is fundamentally affecting companies’ ability to operate and plan on a global level. The sheer extent of government and central bank support unveiled in the last few days underlines the unique combination of challenges created by this crisis and … More Covid-19: A moment in time
This week’s blog comes from EY’s UK&I Markets Leader, Lee Downham. In this week’s blog, we’ll set out where we stand now, before exploring which parts of the economy could be most vulnerable to further operational, supply and demand-side shocks – both direct and indirect. Whilst we hope the economic impact of the Covid-19 virus proves … More Covid-19: What now, what next?
Takeways: US and European markets are dancing around record highs. Only one appears to be driven by economic fundamentals, but it would be misleading to suggest the US rally comes without disquiet or that Eurozone markets are all about Mario. European companies’ focus on operational improvement will provide opportunities for discerning investors. Stronger US growth … More The dance goes on: markets rise, whilst fortunes continue to diverge.
Serious season Was there a time when ‘news’ just stopped in summer? A time when only ‘silly season’ stories of crop circles, pigs on the run and killer chipmunks prevailed with little else to trouble us. If those halcyon days ever existed, they’ve not returned this year. In common with recent summers, markets have wobbled … More Serious season: high yield bonds remain in the spotlight