As far as markets go, the outcome of the EU referendum has the potential to be far more seismic than polls before them, and one that could see stocks rallying or reeling.
With Mario Draghi extending the ECB's QE programme this month, and investors returning to US high yield following a number of recent sell-offs, managers tell Investment Week which areas of the credit sphere are likely to outperform in the coming months...
Just over a month ago, volatility, as measured by the VIX index was around 26%, the highest reading since the Chinese slowdown scare of last August. The FTSE 100 was plunging, reaching its nadir of 5,500 in the morning of 11 February.
Compounding the gloomy outlook among investors is the ratcheting up of event risk. Brexit is looming largest, driving down sterling and threatening a period of sustained instability.
When was the last time you woke up in the middle of the night worried you had not bought enough baked beans? Or the last time you saw Unilever on the front page of a tabloid? Probably never.