Neil Birrell: Keep your eye on the horizon - if you can

At the moment it is very easy to get drawn into focusing on the very short-term propects for economies and markets. There is so much information to consider and not much else to do other than just that. Firstly, the daily data of the number of new cases of the Covid-19 virus and the number of deaths that are resulting from it make improving, but grim, reading. Aside from the human tragedy of the scale of the problem unfolding in places such as Brazil, it is fears of a second spike in the virus in important economies; the US and Eurozone, being the two key ones, that are the worry. It is ...