Earnings season is now firmly upon us, and as with pretty much everything else in the current covid-19 affected world, nothing we know is certain anymore.
The message from most banks has nonetheless been consistent: the current pandemic has impacted all businesses. According to FVC’s Tim Mortimer , data from structurededge.co.uk shows that in the UK market, out of a universe of over 700 products, none of them that are linked to the FTSE 100 have a barrier level that is above where the index currently is. This means that if the index is unchanged or recovers from here, none of the products would lose money. But investors could be concerned if the