This week the market’s focus has shifted to the Pandemic Recovery Outlook as plan have begun to reopen across the globe. Corporate earnings season continues with a host of household names, while aggressive policy measures continue in order to support the real economy. Oil continues to trade at 20-tear lows but investors look beyond dire economic data.
This week the market is shifting its focus to the Recovery Outlook as First Quarter Earnings provide insights from companies. Oil prices continue to Slide to 20-Year lows despite cuts from OPEC +. Aggressive Policy Measures continue to Ease Systemic Stress and Support the Real Economy but Global Data Continues to Look Grim.
This week the Market has Shifted to Pandemic Recovery Outlook, along with the Aggressive Fed Measures to Support the Real Economy in the Face of Grim Global Data. Oil Holds Above $20 as OPEC + Cuts Output and Corporate Earnings Season Begins.
Fiscal responses are meeting Pandemic-Driven Crisis, while Investors Digest Dire Data that has led to Aggressive Central Bank Measures. Oil Jumped from 20-Year Lows and Emerging Markets feel the Pain across the board.
Congress passed a $2 Tril Spending Package, while Central Banks continue to aggressively provide liquidity, as the Global Economy plunges into contraction, driving Oil Prices to 20-Year Lows.
With the Coronavirus Pandemic now threatening a Solvency Crisis, Aggressive Central Bank Measures have been enacted to ease systemic stress, while Economic Data begins to show the stress. Meanwhile, Oil Continues to fall while the Dollar Strengthens.
Coronavirus Fears continue to drive markets lower and now that fear is spreading into Heightened Systemic Risks. Global Central Banks and Governments continue to Deploy Emergency Stimulus as Global Data shows the Dire Impact of the Virus. Finally, Oil Crashed to Multi-year lows on the Saudi/Russia price war.
Virus fears continues to whipsaw markets but an oil price war has moved to the second spot. Coordinated global stimulus and Growth fears along with Rising Systemic Risks round out the final three spots.
Coronavirus fears continue to drive markets, while a coordinated Global Central Bank response to the outbreak moves into the 2nd spot, replacing Weakening Global Economic Data. Oil Multiyear Lows enters in the 4th spot, with US Political/Policy Uncertainty rounding out the top 5.
With infection rates accelerating, the Coronavirus Outbreak remains front and center along with Global Growth as the biggest driver of markets this week. The Federal Reserve and Global Central Banks expectations for further easing remains third. Safe Haven Status Fueling Dollar Appreciation enters the top five for the first time and US Political Uncertainty falls to fifth.