This week marks the rather grim milestone of a year since the World Health Organisation declared the COVID-19 spread a global pandemic. A year on, we could be justified in thinking we're starting to see the light at the end of the tunnel, with vaccines being rolled out in major markets, and some early signs of lockdown easing.
For investors and for policymakers, then, what will the world look like when lockdown is over? What will people do with their hard earned savings with the income that they have - bearing in mind that whilst some households have accumulated healthy savings balances during the pandemic, others have suffered financially? And what will all of that mean for growth, inflation and market returns?
Stephanie Kelly discusses the tricky question of post-pandemic economic forecasting with James McCann; meanwhile, the Macro Matters team muse on what they're personally most looking forward to in life after lockdown.