Post-pandemic stress disorder
There was disbelief when we were calling for the
‘post-pandemic normal’ in our 2022 outlook a month ago. Of course, it was a tough call, as
infection rates were soaring by double digits around the world in January. There are also still cracks in the Q1 economic picture.
Key take-aways:
• Afraid of the economic fallout of Omicron?
Please do not be. See the latest US job numbers. Yet markets will remain bumpy as they get a grip on the ‘post-pandemic normal’.
• The volatility crash in equities aside, the big news is rising European
bond yields. Look at the ‘worst of the worst’ banks.
Find out more in our material
