Market Review March 2020
How the different asset classes have fared:
Financial markets were extremely volatile in March as investors grappled with immense uncertainty about the depth and the duration of the coronavirus’s impact on global growth. Share markets remained under intense pressure as the number of new coronavirus cases continued to surge and financial markets (particularly bond markets) experienced significant liquidity issues during the month. Governments around the world announced very large stimulus measures to support economic activity and central banks announced aggressive monetary easing to stabilise financial markets. While economic pain cannot be avoided in the near term, there are plenty of tools available to fight the economic slowdown in the longer term.
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