News & Insights

Coronavirus Has Infected Markets … Now What?

9 March 2020

Markets have been caught by surprise by the swift spread of the coronavirus and global growth has been significantly revised down. The virus was initially expected to be mostly contained to China, resulting in a weak Q1/2020 but a “V”-shaped recovery in the second quarter with the aid of global stimulus. However, this view is no longer likely as both demand and supply could drop significantly as the virus and fear spread. In this report, our Beutel Goodman Fixed Income team aims to take an objective view and compare COVID-19 to other historical viral epidemics and pandemics.

Fixed-Income- Coronavirus-Has-Infected-Markets-Now-What

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