Rathbones' Thomson: This will be the shortest recession of our lives
'Crisis phase' now behind us
Rathbone's James Thomson
The “stockmarket crisis phase is behind us” now and we are firmly in a “choppy recovery phase”, according to Rathbones’ James Thomson, who said the coronavirus-induced crisis will likely be “one of the biggest recessions of our lifetimes – and also the shortest”.
The manager, who has headed up the £2.8bn Rathbones Global Opportunities fund since its launch in 2003, said the reduction in volatility in e-mini S&P futures shows that "the purest desire to derisk assets"...
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