Financial markets may be overly confident about the positive medical news on the coronavirus and the strong monetary and fiscal support from policymakers, according to Ewout van Schaick, head of Multi Asset. “There is a sizeable risk that the opening up of the economy will be much slower than lot of people think right now.” He still sees the best invest-ment opportunities in corporate credit space. “Last week we saw again large double-digit numbers in investment grade spread tightening, and even bigger tightening in high yield spreads,” Van Schaick says in our latest podcast. “As long as the Fed and the ECB are there as major supporters of these markets, then we feel that is the place to be for an investor at the moment.”