Market Insight April 19, 2020

Weekly Commentary & Strategy

Last week, stocks advanced for the second week in a row. Economic data released for the month of March was extremely weak across the board, amid the pandemic and sudden economic stop. However, investors cheered the massive fiscal and monetary stimulus meant to offset the impact of
the pandemic and the announcements that governments are working on plans to reopen the economies, even as analysts predict the worst earning season ever and the biggest economic contraction in U.S. history….