Name: Coronavirus: investing is now about survivors, not winners | FT
Uploaded: 2020-04-04T04:25:11.000Z
Duration: 2 min 24 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

The first three months of 2020 were a horror show in markets.

Adverbs of degree

it was going to be pretty quiet and unspectacular with decent,

as recently as February, which seems an age ago now.

Wall Street stocks dropped into a bear market

at the fastest-ever pace, and they ended the quarter down 20

per cent, even including a 15 per cent rally from the lowest

UK stocks had the worst run since 1987, which

And, perhaps most alarmingly, the government bond market

Covid-19 is a health crisis first and foremost,

and the response - locking down communities, cities,

and countries around the world - produces an economic crisis

The financial system itself was getting sick.

do what they can to help the health crisis

But they did step in in force to help the markets,

and it has worked at least to some degree.

But is it time to step back into risky bets?

As one put it to me this week, it's too late to sell,

It relies on assumptions about companies' earnings,

possible, but more likely is a slow grind lower from here.

Debt defaults by companies and emerging-market countries

Investing now is not so much about picking winners

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Coronavirus: investing is now about survivors, not winners | FT

inevitable

decent

tough

exaggerate