'The End of the Beginning'?
The spread of the COVID-19 virus is a human tragedy, and the response from policymakers and central banks has done little to provide confidence. While the elevated volatility is giving investors jitters, the real impact will be felt by consumers and small business owners. Hopefully, the ‘Best Case’ scenarios will play out, though this is increasingly looking unlikely.
As such, it is a NEAR CERTAINTY THAT MULTIPLE ECONOMIES WILL CONTRACT OVER THE 2nd QUARTER.