Emerging or Submerging?

Keith Schneider | March 1, 2020

The Corona virus continues to spread, and equity markets tanked globally. US equity markets were down -11% on average and there was not one foreign stock market positive for the week. This is one of the worst weekly selloffs ever, and the fastest correction from new all-time highs on record. US long bonds was one of the few bright spots and markets are now pricing several rates cuts this year with one coming this month.

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