Coronavirus Market Outlook: Outbreak, Oil and Opportunity
the one minute takeaway
In the first quarter of 2020, COVID-19 swept across the globe, with public health response and a drop in oil prices shocking global economies. The quarter ended with a U.S. bear market achieved in only 22 days, large and sudden increases in unemployment claims, extreme volatility across markets, and unprecedented fiscal and monetary response. While market downturns can present opportunity, investors should evaluate their strategic asset allocations to ensure that risk exposures are appropriate at this time.
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