'Better' is the new normal: Post-pandemic savings and spending will be bigger than ever before

Morale-boosting picture for life beyond Covid-19

Investing over the past year has certainly been challenging. Many of the old rules seemed to no longer apply with economic and fiscal changes coming in fast and hard as authorities in the UK, and across the world, worked to limit the damage coronavirus could do.

However, having one big issue to focus on can make things a lot simpler, and although the past twelve months have not been easy, the big issue - the impact of Covid-19 - was obvious and the other subtleties of investing became almost irrelevant. For investors, the simple (yet difficult) question that needed answering was: how long would it take before lockdown ends and the economy could start up again? The shape and the size of the recovery was determined largely by how soon society could return to normal - so we were monitoring the levels of financial stimulus, the progress of Covid-...