The present state of affairs seems like an episode of The Twilight Zone, with the unfortunate twist that this is not a television show; it’s an artificially delayed reality.
1. Escalating geopolitical tensions are now competing with the coronavirus for top media coverage. Market volatility can be expected to remain extreme as the pandemic continues unchecked and the U.S. and China begin yet another tit-for-tat exchange of bureaucratic hostilities. 2. The seasonally adjusted number of Americans filing initial claims for state unemployment reversed course…
Recently the IMF predicted that the situation is now worse than reported – “unlike anything the world has seen before.” and named it: “The Great Lockdown.”
COVID-19 continues to generate uncertainty however as more countries begin easing their lockdowns and undertake monitoring for a potential wave of secondary outbreaks.
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.