While the world maintains its focus on the battle against Covid-19, there are reasons for optimism in the months ahead. But as we move past peak growth and peak policy accommodation, many risks to this outlook remain.
As we continue the climb out of the pandemic-driven humanitarian and economic crisis, other urgent issues are also returning to the fore. The search for yield in a low-rate environment remains a key challenge for investors. And the climate crisis – arguably the defining problem of our era – looms large as well.