Campbell R. Harvey | How Does COVID-19 Impact the Outlook for Financial Markets?

Amidst the pandemic, investing is more confusing than ever. Equity markets are pricing in a “V”-shaped recovery, bond markets believe that the risk of inflation is non-existent, and $11.6 trillion of global government bonds have negative yields while the price of gold is nearing an all-time high. Finance professor Campbell Harvey explains how to navigate the current investment environment and what to expect in the years to come.