Five anonymised historical charts were dealt to every player. The Monkey Index returned -0.17% across the same tape.
84 desks completed all five charts.
Chipmakers were still spending heavily and tech was happily brushing off the first tremors in the credit market. The summer rally kept rolling.
The initial COVID shock dragged down everything in sight, but the sudden scramble for test kits put diagnostic suppliers front and centre. The shares had already erased the entire sell-off, quietly holding their ground while the wider market tried to find its footing.
The initial COVID panic had dragged down property across the board, but lockdowns triggered an overnight rush into online shopping and warehouse space. This is the week the logistics trade took over.
With eurozone debt scares mounting, safe-haven money was treating regulated power utilities like bonds in disguise. The steady defensive grind barely missed a beat.
The financial crisis was at its absolute trough, and panic selling had caught up with even recession-proof tobacco giants. The broader market was carving out a generational bottom, but sellers here were not quite done.