A whole new world: Market recovery on the way but do not expect a return to the old normal

Deep Dive into global equities

Chaos, uncertainty and change – three words that have become synonymous with the global economy in 2020, as the world sought to get to grips with the Covid-19 pandemic while trying to understand what the 'new normal' looked like.

The sell-off in February and March 2020 was a chastening experience for all of us, but equally surprising has been the resiliency seen in markets since April - a move facilitated by the fast and aggressive intervention by central banks across the globe. Not only have the majority of the major global markets recouped most of the losses seen in the first quarter, but the recent vaccine bounce has paved the way for further optimism that a sustained 'V'-shaped recovery is now on the table going into 2021.  Welcome to the #neversell era: How the latest incarnation of Nifty Fifty firms is p...