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.
Coming into 2020, the US economy was firing on all cylinders
We continue to advise clients to stick to their long-term investment plans
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
Yes, Virginia, there is a Santa Claus… rally.
Rather than react emotionally to volatility in the equity markets we remain disciplined in our process.