MARKET PERSPECTIVE — A ten plus year bull market for global equities has finally come to an end–brought to its knees by the effects of a tiny and invisible enemy, yet one so powerful and potentially pervasive that governments, financial markets and society as a whole appear consumed by its grasps.
The world-wide spread of Coronavirus (COVID-19) came to global attention in December 2019 as its almost overnight and devastating impact on the populations of Wuhan and Hubei provinces in China earned international attention.
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