The U.S. equity remains a solid performer. But the impact of COVID-19 resurgence creates a large unknown for equity markets outside the U.S.
Will the world rise from the ashes for a long period of prosperity or will fiscal and monetary stimulus cause us to fly too high?
Are we in the early stages of recovery after the pandemic or back to the late-stage environment we experienced in late 2019?
Put recent market developments in perspective.
Just what the doctor ordered in the midst of a pandemic
In our January 2020 Investment Outlook, we concluded that the world in general looked poised for persistent growth.
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