Market Update: Going to Extremes

Mar 17, 2020 | Roundell Clark Wealth Management


As more of North America and Europe shuts down in order to mitigate the rapid spread of COVID-19, a recession in both regions looks more likely. This reality, combined with the still numerous uncertainties about the disease’s toll and duration, has inflicted further damage on the equity market, and disrupted segments of the fixed income and commodity markets. The S&P 500 has fallen nearly 30 percent from its mid-February peak, with other developed equity markets sharply lower as well. Read more here.