After its main island of Luzon was placed in quarantine, the Philippines became the first major country in the world to shut its financial markets in response to the spread of COVID-19
While many claim the US’ drastic recovery from the financial crash was predictable, in reality, such a rebound was by no means a foregone conclusion
It seems like the low-growth, low-inflation environment that Europe now finds itself in could be here to stay. Looking at how Japan’s stocks have fared in similar circumstances should give investors some clues as to where value can still be found