Markets Driven By Fear
Equities are trying to find a floor even though the news flow on the spread of the coronavirus outside of China hasn’t shown any signs of improvement. A number of market indicators would suggest forward returns from current oversold levels should be pretty...Will The Coronavirus Derail This Year’s Earnings Recovery?
Can investors look back at SARS in 2003 and use that market behavior to analyze how today’s markets might be impacted by the coronavirus? Probably not. Both the economic and market conditions were much different in 2003 than they are now. In 2003 we were coming out...Our 2020 Playbook
Last week investors were reminded of risk – geopolitical risk to be specific. Stocks quickly sold off after tension between the U.S. and Iran escalated. But we don’t remember when there wasn’t ‘tension’ in the Mideast. Individual risks such as this tend not...