Making sense from nonsense. How to navigate your discretionary investments post pandemic
08 June 2020
One of my favourite investment quotes is by renowned economist, John Maynard Keynes, who observed that “markets can stay irrational longer than you [or I] can stay solvent”. Those seeking experience to support his statement should try their hands at trading shares in today’s turbulent and volatile offshore markets. Shares on the US S& P500 index followed record losses in March 2020 with its fastest single-month recovery since 1987, up 13,2% over April 2020, despite shocking job losses and weak economic data. All three major US share indices have ignored economic fundamentals to trade back to near record levels.