When we wrote our previous market commentary back in March, we were hopeful that the financial markets would quickly recover from the exogenous shock of COVID-19. Broadly speaking, US stock and bond markets have largely recovered. At this juncture, though, many are questioning the sustainability of the recovery in financial markets absent a full economic reopening.
March 25, 2020 To Our Friends and Clients, In the past month we have all been impacted by the COVID-19 pandemic: financially, socially, emotionally and, sadly, physically even unto death. In the financial markets we have witnessed panic selling of almost everything, except Treasury bonds, and market dislocations. Market and economic forecasts have been all…
This is the time of year when market strategists and economists issue their market forecasts and predictions. Here’s ours… Click to Read More!