Delaying the inevitable?

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Many businesses may be faring better than expected but investors are worried that economic reality will catch up in the end.

Listening to market sentiment at our New York Forum virtual experience 2020 last week, it was clear things could be both an awful lot better and an awful lot worse.

Some feared a huge level of impairment in the aftermath of covid-19’s first-wave peak in March and April, but panellists said there had been more stability than anyone expected.