The nature of the economic shock experienced in recent weeks is unparalleled, with governments driving economies into recession in order to deal with a public health emergency. The impact on markets has been equally severe and despite some more recent relief for asset prices, a great deal of uncertainty remains, and the situation is fluid.
Financial markets have faced three key challenges that have required separate targeted policy responses.
Key Macro Risks
Here are the main risks we have identified:
- Public Health Crisis
- Global Recession
- Financial Market Stresses
