Point of View
See all Point of View in our Library
Flash Report February 2020

As the coronavirus spread geographically, expectations of disrupted global supplychains and rapidly slowing growth were exacerbated by a pandemic of fear thatpummeled stocks, pushed bond yields to record lows, and skyrocketed the VIX to 49. With Chinese PMIs collapsing, markets are pricing a deflationary shock, interest rate cuts, and persistent low inflation. Ongoingpolicyandmarketuncertainties make itdifficult to determineif the negativeeconomic effects are fully priced in just yet and lower stock valuations justified.

WRITTEN BY | March 2, 2020


Download Flash Report Here