Until fairly recently, the activity we’ve seen in equity markets in response to the coronavirus disease (Covid-19) could have been characterised as an ‘orderly’ repricing.
Yet last week saw second-order market dynamics, driving valuations down to levels which don’t seem particularly rational anymore.
So are we back to a systemic crisis – the return of a global financial system teetering on the brink of collapse, as it did back in 2008/2009?
The answer is a firm and resounding ‘no’.
Tatton Asset Management PLC (LON:TAM) offers a range of services to directly authorised financial advisers in the United Kingdom. The Company provides on-platform portfolio management, regulatory, compliance, and business consulting services.
