Friday, May 8, 2020

Market Pulse – April 2020

KEY TAKEAWAYS

  • Was the March selloff just a figment of our collective imaginations?
  • The midpoint recovery we saw in April “only” required a 150-basis-point rate cut by the Fed and a $4 trillion federal emergency cash bailout package from Congress and the administration. (1)
  • At long last, some around the country were freed from their homebound status.
  • Economic data is beginning to look dismal, as expected, but seems to have had little impact on stock prices as of the end of the month.

Read the full article in the downloadable PDF »

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