AAFMAA Wealth Management & Trust: Q1 2020 Market Commentary from the CIO

SpouseLink |

April 15, 2020

The U.S. equity market just completed its worst-performing first quarter in history. That is no small feat, considering all the things our country has been through in the last 100 years. More than world wars, economic depression, terrorism, oil shocks, Spanish flu, credit meltdowns, or poor monetary actions, it was the novel coronavirus that brought the global markets to a new series of dubious records. Volatility, price swings, and velocity moved with such force and speed as to defy belief. To go from a record high to a 15% correction in only seven trading days — then into a bear market eight sessions later — is something that, on average, would take nine months to accomplish.

Keep reading for the full report in the AAFMAA Learning Hub.

Information provided by AAFMAA Wealth Management & Trust LLC is not intended to be tax or legal advice. Nothing contained in this communication should be interpreted as such. We encourage you to seek guidance from your tax or legal advisor. Past performance does not guarantee future results.

More Insights on the Market:

AAFMAA Wealth Management & Trust: Global Diversification Is Still Beneficial

AAFMAA Wealth Management & Trust: Beware of Chasing Yield

AAFMAA Webinar: 2019 Market Outlook: What’s in Store for the Year Ahead?


You must be logged in to Post a Comment.

Subscribe to SpouseLink

Subscribers get a newsletter and can join in the conversation by adding comments. Join now! Already have an account? Sign In

follow Spouselink
follow Spouselink