thewealthnet

A journal of the Covid-19 year: Dead cat bounces and Schrodinger's Cat

Ian Orton, 25/03/2020

The UK government’s imposed self-isolation measures shouldn’t pose a problem for a self-confessed eremite. After all, it’s just situation normal.

Indeed, 24 March, the first day of Boris Johnson’s nationwide lockdown, turned out to be positively benign under bright sunshine and azure skies.

Moreover, global equity markets actually posted some meaningful gains, boosted by the prospect of massive US recovery measures.

Even the FTSE 100 managed a nine percent gain for the day, although it is still down by 27.8 percent for the year to date.  

Nonetheless, every bright and sunny day has a met...


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