In 2020, the boom in financial markets contrasted with the disastrous economic effects of Covid-19. The market narrative played ‘catch up’ with the market action, attempting to justify soaring valuations. This year has seen a switch, and now a strong narrative is boosting markets to new highs. Huge stimulus programmes and vaccine rollouts; ultra-low interest rates and pent up consumer spending. The perfect recipe for recovery perhaps, but what risk of overheating? We look at the markets’ response to the rebound and how the story could unwind from here. Presented by our investment team panel: Seamus Lyons CFA, Senior Investment Manager, Niall McDonnell CFA, Senior Investment Manager, Patrick Good CFA, Investment Manager, Alex Burn CFA, Investment Manager and Asim Qadri CFA, Investment Analyst. Hosted by Lorna Denny, Investment Specialist. This podcast is intended for investment professionals, and must not be shared with a non-professional audience. This podcast is for information purposes only and is intended to broaden listeners' awareness of financial markets and no part of the materials should be construed to represent financial advice or an offer to buy, sell or otherwise participate in any investment activity or strategy. The content is based on information sources that are deemed reliable at the time of recording. Architas has no express or implied warranty, guarantee or statement as to the accuracy, suitability or completeness of the information provided. All rights are reserved. Without the prior consent of the copyright holder, no part of this podcast in any form or by any means is allowed to be published, copied or emailed or stored in an information system. These materials originate from Architas Limited ("Architas").Architas is a company registered in England No. 02638607, registered office: 5 Old Broad Street, London, EC2N 1AD. These materials are not intended for audiences in the United States of America.