U.S. Economic and Market Highlights
Coronavirus COVID-19 Response
- Governments around the world have responded to the pandemic by passing legislation for relief packages, in various amounts, to provide humanitarian and economic aid to its citizens.
Reflection on the capital markets reaction to the coronavirus outbreak
It’s been a difficult week for the stock market with the global equity selloff as a result of the uncertainty surrounding the coronavirus and questions about how its impact economic activity, corporate earnings, supply chains, and global growth. We are recommending to our clients to stay the course with their long-term asset allocation policy and not be reactive to market volatility. We are monitoring the capital market environment closely but have not made any changes to client portfolios based on volatility around coronavirus.
December – January 2020
U.S. Economic and Market Highlights
The Economy and Markets
- The primary drivers of the markets in 2019 were: Interest rates, concerns about global growth and trade deals, and the continuation of consumer spending and strong corporate earnings. Read more
