Market Perspective

The rebound in stocks continues to impress. Recent market gains have been aided by optimism surrounding the reopening of the economy and the potential for a vaccine.

After a dramatic fall, stocks have enjoyed one of their strongest rallies in the past 90 years.

After the sharpest decline from a record high to a bear market, stocks have come roaring back.

Stocks continue to move in dramatic fashion. The coronavirus shock led to investor panic and forced selling, taking the S&P 500 from a record high to a 34% decline in a little over a month’s time.

This month’s House Views format is adjusted to expand on timely views and recommendations given the sharp decline in capital markets.

Markets continue to be under pressure. Unknowns remain about the magnitude and duration of the coronavirus, including the extent of the human tragedy, as well as the economic impact.