Your browser is currently set to block cookies. Not all features of our website will work as intended. Please turn on cookies or check if you have another program set to block cookies to allow full website functionality.
Q3 2020 Global Markets Review & Outlook
Inside, you will find a summary of market activity and our market outlook.
- Equities Appear to be in a New Bull Market: The rally since late March looks to us to be a new bull market forming as equities look further into the future and anticipate a recovery.
- Equities are Leading the Economic Recovery: As a leading indicator, equities have started recovering well before Covid-19 is gone, restrictions are removed, or the economy recovers.
- Early Bull Markets Begin with Pessimism: Volatility is to be expected, but with pessimism about a second wave growing and positive data garnering little fanfare, we think more gains are likely.