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Features

Up Crash: why are markets soaring as the economy tanks?

The economy is tanking but stock markets are soaring. Why?

27 February 2021

9:00 AM

27 February 2021

9:00 AM

Shops are boarded up. More than four million people are on furlough with little idea of whether they will have jobs to go back to. Global trade has hit levels last seen a decade ago, and government deficits are soaring, while most developed economies have seen output shrink by 10 per cent, a collapse not seen since the Great Depression of the 1930s.

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