The escalating tensions have many market analysts worried that the trade war between the U.S. and China which began before the outbreak could escalate into a full-scale and global event.
We can actively choose solutions that will help us weather the pandemic and its fallout, as well as prepare us for its ending, whenever that may be and however it may look.
As countries around the world continue to take steps to try to restart their economies, governments attempt to begin the long recovery from the complete economic destruction brought about by the spread of COVID-19.
COVID-19 and the headlines surrounding the battle against it continue to be the primary headwind affecting all markets.
The U.S. is beginning to take steps to slowly reopen its economy from the near-total lockdown imposed by the containment efforts surrounding the spread of COVID-19.
COVID-19 continues to be the major headwind affecting all markets. Volatility remains extreme as news headlines regarding “flattening the curve” and potential treatments in the works for mitigating the effects of the virus shift markets up, only to be sent lower again when officials and medical professionals take to the airwaves and walk back previous comments.
It came almost out of nowhere, a black swan event that engulfed the world. As everyone from citizens to governments scrambled to deal with COVID-19, the gold industry was impacted in unprecedented ways as well.
It was a shortened trading week due to markets being closed on Friday in observance of Easter and Passover.
Market volatility remains at extreme levels, with markets shifting and swinging on every headline that relates to the ongoing pandemic.
The continued spread of COVID-19 remains the predominant factor affecting volatility in all markets. The emergency containment measures enacted worldwide to attempt to halt the outbreak have now been expanded in most countries, deepening the economic decline that began weeks ago.
In 1906, Alfred Henry Lewis stated, “There are only nine meals between mankind and anarchy.”
Since then, his observation has been echoed by people as disparate as Robert Heinlein and Leon Trotsky.