This time is really different, so stay prudent

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Market action in recent weeks has been reminiscent of the global financial crisis of 2007-2009, the crash of 1987, and, for those with a long memory, the crash of 1929, which wouldn't have been so...

It is the first instance in peacetime that we've observed of a simultaneous disruption in the supply chain and the demand chainThe current novel coronavirus crisis is different from anything that has happened before.

The economic consequences, so far, have been terrible.Market action in recent weeks has been reminiscent of the global financial crisis of 2007-2009, the crash of 1987, and, for those with a long memory, the crash of 1929, which wouldn't have been so...

 

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