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Q1 2020 Global Markets Review & Outlook
Inside, you will find a summary of market activity and our market outlook.
- The Duration of the Shutdowns Matter More than the Size: The historic speed of this downturn reflects the economic impact and uncertainty arising from the unprecedented institutional response to the coronavirus.
- Equities Likely Lead the Economic Recovery: Equities should start recovering well before COVID-19 is gone, restrictions are removed, or the economy recovers.>
- The Eventual Recovery Should be Swift: Sharp drops are usually followed by swift recoveries creating a “V” pattern—investors should prepare for the positive side of the “V”.
