Investment Thinking For The Pandemic
Gavekal Research's four founding partners bring diverse approaches to their global macro-economic analysis and asset allocation advice as shown by articles written during the height of the Covid-19 market panic in early 2020. Louis-Vincent Gave assesed potential wrenching structural changes that would likely result from lockdowns and massive government interventions to avert a depression. Charles Gave ignored the specifics of the pandemic and focused on the common factors of international liquidity crises. Anatole Kaletsky offered tactical asset allocation advice in the wake of the market rebound and cautioned against falling prey to a bear market rally. Lastly, Arthur Kroeber immersed himself in epidemiolgical data and research to offer investors a framework for understanding the progression of the epidemic and likely policy responses from governments.
Louis-Vincent Gave, Charles Gave, Anatole Kalesly & Arthur Kroeber