The View from 5th Avenue

The View at Two – 12 March 2020

Short and sweet (sour) today… Nothing is in the green – Risk-off is now in every asset as investors move to cash.  With little guidance from Washington, and events/ schools/ countries (Italy) shutting down, the economic impact is not even close to being felt.  Sell first and then ask questions reigns. Investors want to see fiscal support, and they are not getting it yet.

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