Tim Price, director of Price Value Partners, looks at the government's response to the onset of Covid-19 and considers the likely effects of the economic measures taken. Wondering why equities have been so buoyant ahead of what he believes will be the worst economic depression anybody alive has experienced, he wonders why the mainstream media has been so unquestioning and why so little attention has been paid to the economic effects of lockdown. Although highly nervous of most stocks and bonds, he does offer suggestions for investors similarly concerned for the future.
