By
Bilal Hafeez
16-04-2020
COVID-19 Fog Of War: 3 Knowns, 3 Unknowns
(3 min read)
US equities capture the mood of investors well. We saw equities collapse 35% over four weeks from late February, then a 25% rally from late March until now. If the collapse reflected the shock of COVID unknowns, then the rally reflects unknowns becoming knowns. The three critical new knowns are:
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