DM Market Update II – Mar 2020

STOCKS FALL FURTHER AS COVID-19 REACTION LEAPS FROM CONCERN TO PANIC –Each comment on the state of the market we’ve published in recent weeks seems to have become obsolete in just a few trading sessions; nonetheless, in our desire to help clients and readers steer through this difficult period, we’ll give it another try. To put the current market debacle into proper context, and to ensure that a potential short term dislocation isn’t cemented into a long term portfolio mistake, it’s useful to break the in-vesting time horizon into interim phases:

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