From bear market to bull market, instantly
It took the MSCI World Index (EUR) just 12 trading days to go from bear market to bull market. This confirms yet again that ‘everything’ during this crisis is moving extremely fast. The spread of the virus, the sudden stop of the economy and market moves. It remains to be seen, however, if this applies to the speed of this recession as well. To prevent a second or third wave of the outbreak, measures could be extended longer, further pressuring economic growth. A recovery is certainly on the table for the second half of the year, although its shape remains uncertain.
As a senior portfolio manager I use charts to illustrate financial issues every day. I tweet my favorites as @jsblokland and was named 'one of the 50 most important people for investors to follow in 2018' by MarketWatch.
Previous editions of the daily sketch can be found on my personal financial markets blog. All graphics provided are collected from Bloomberg data and public websites. They do not always reflect my personal opinion and may also not necessarily reflect the opinion of Robeco. Please cite all references or quote the original source if replicating content.
BY CLICKING ON “I AGREE”, I DECLARE I AM A WHOLESALE CLIENT AS DEFINED IN THE CORPORATIONS ACT 2001.
What is a Wholesale Client?
A person or entity is a “wholesale client” if they satisfy the requirements of section 761G of the Corporations Act.
This commonly includes a person or entity: