Markets, economy, stocks, growth, global, fixed income, international, asset classes
Sentiment, and valuations, are likely to keep markets relatively contained until there is clarity about the extent and length of the outbreak, says Tyler Voigt.
It is important to avoid trying to predict the future; rather, clients are best served by monitoring the present situation and maintaining composure.
Retail investors saw a large sustained bull market post-2008, one many who exited regret implying we may not see the same outflows this time, says Azzarello.
There are still questions surrounding when the recession will officially begin, this is something we will only know with hindsight, says David Lebovitz.
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 morning, initial claims for unemployment insurance surged to the highest level ever, according to Lebovitz and Pandit.