Recently, I was asked to participate in a live radio talk show and was sent the following questions to prepare for the show. I thought this would be a great way to share my thoughts and expectations related to the COVID-19 virus, global economics and what the central banks are doing to combat this virus economic event.
The reality is that the bottom in the markets won’t set up until fear subsides and the unknowns related to this virus event are behind us. Until then the global markets will attempt to seek out the true valuation levels based on this fear and the unknowns. This means true valuation could be much further away from current price levels as the virus event is still very fluid in nature.
1. Rates at zero, massive injections and coordinated central bank action: Why isn’t the market convinced the situation is under control?
2. What are investors looking for now? A peak in coronavirus infection rates? A sense that a proper health-care response is in place and…