February Edition of Portfolio Construction: When Sickness Strikes
Markets started the year with a lift from the phase one trade agreement between the U.S. and China and firming economic signals. However, the backdrop abruptly shifted as the outbreak of the coronavirus dashed hopes for a strong turnaround in global trade and industrial activity. While the long-term impact of the virus on human health and economic growth is unknown, global markets have already seen some of their worst trading days in months amidst the uncertainty. Read more.