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Even as economies emerge from lockdowns, we expect the bulk of insolvencies is still to come, largely between the end of 2020 and H1 2021.
A Faustian bargain to limit short-term economic pain: Since the onset of Covid-19, policymakers have taken swift and unprecedented action.
The Covid-19 crisis caused one the most severe financial market turmoil of the last hundred years. A historic slump was followed by a historic rally.