Go hard or go home5/13/2023 Likewise, the market has also needed to adjust to a new reality – one marked by a spike in volatility, wider spreads and a collapse in oil prices. Many of us have had to adjust our routines to incorporate shutdowns across virtually all sectors, and new norms that include face masks and social distancing, home schooling and increased virtual meetings. The shock waves from the Covid-19 pandemic have rippled across the globe, hitting not just the markets, but also our daily lives. Regardless of whether you are deep in the trenches of the financial markets, or watching from the sidelines, the year 2020 is an unprecedented time for all of us. June 2020 Introduction: Assessing the Aftermath of the Covid-19 Shock Waves Those countries with lower external debt burdens and floating FX regimes may be better prepared to weather the coming storm. Covid-19 is likely to winnow out the weak from the strong in emerging markets.
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