Research & Resources
Timely commentary to give you access to the latest macroeconomic and investments insights. Learn what investors should expect next.
In response to the negative effects of the recent global coronavirus outbreak on the U.S. economy, the U.S. government and the Federal Reserve have implemented a number of sweeping new stimulus measures.
COVID-19 has created a significant disruption in the capital markets for both risky and defensive debt instruments. There really is no similar time period in history to which investors can compare it. For example, contrary to the 2008 Global Financial Crisis (GFC), investors are not being punished this time for leverage, poorly underwritten credit, and a broken global economic ecosystem.