Getting ready post Covid-19

Volatile market: The opening bell at the New York Stock Exchange at Wall Street in New York City. The Dow Jones Industrial Average and S&P 500 have declined 24% and 20.7%, respectively. — AFP

THE first quarter of 2020 will probably be remembered as one of the worst quarters in investment history, with the Dow Jones Industrial Average and S&P 500 declining 24% and 20.7%, respectively.

Words and phrases such as “unprecedented”, “black swan”, “x-standard deviations away”, “bazooka” and “furloughs” became commonplace as the Covid-19 pandemic gripped the market.