In a story that will continue to unfold over many months and probably years, the period of late February into April, 2020, will go down in the annals of economic history as the most remarkable eight weeks we have ever experienced — with more volatility sure to follow.
The Coronavirus Aid, Relief and Economic Security Act (“CARES Act”) was enacted into law on March 27, 2020
Coming into 2020, the US economy was firing on all cylinders
We continue to advise clients to stick to their long-term investment plans
HM Payson’s preparations and policies for managing the Coronavirus/COVID-19 outbreak
The S&P 500 officially entered bear market territory
Since our recent note on the Coronavirus situation, the headlines and corresponding market volatility have notably worsened.
Our thoughts about the recent market declines