DM Market Update

HEALTH AND MARKET CRISES ACCELERATE – Just days ago, we issued our March comment outlining our thoughts on COVID-19 and its likely effect on in-vestment portfolios. Like virtually everyone at the time, we vastly underestimated the ability of the virus to cross seas, proliferate, and wreak havoc on our economy and markets. The reckoning has been swift, with in-dices staging their most rapid decline in history and measures of internal market stress reaching and, in some cases, exceeding levels marked during the 2008/09 financial crisis. This has left little room to gather one’s thoughts, let alone reorient portfolios holdings or adjust allocations.

Click here to read more:  DM-Market-Update-Mar-20