Market Overview: From the Desk of Robert Vanderhooft (CIO)

Published: 04/05/2020

Market Perspectives +
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Current Insights

Investors following the axiom to never fight the Fed (U.S. Federal Reserve) have been rewarded in April with markets pushing higher after a brief period of consolidation. Government and central bank actions globally were at unprecedented levels for both speed and magnitude. Overall this is welcome relief and we are encouraged that markets have recovered some of their value from the first quarter's losses as equity markets arguably overreacted in the face of extreme uncertainty.

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