The coronavirus outbreak has led to a massive global demand shock. A plunge in economic activity, probably larger than a typical recession, has likely begun.
This weekly update provides a snapshot of changes in the economy and markets and their implications for investors.
We raised the probability of Recession to 55% after virus-induced shocks, oil prices’ collapse and violent market volatility. We are de-risking, adding very high quality duration, while expecting credit markets to cheapen and reserve currencies to do well
This paper, written by Tai Hui, provides an update on Federal Reserve policy action.
Start the week by reading J.P Morgan Asset Management's one-page snapshot of headlines and market performance for Asia Pacific countries.
This paper, written by David Kelly, addresses the latest federal funds rate cut and its investment implications.
We are pleased to release this month's market review, a summary of the factors driving global markets over the last quarter.