Exposure rates of the Dorval Asset Management Range – 3rd April 2020

The world economy has shut down to save lives, so it is senseless trying to decipher the economic indicators that are still being issued. 

In the US, just like elsewhere, record jobless stats merely reflect the ban on going to work in the current “prescription” recession. Against this backdrop, the two main factors that can move the markets are data on the epidemic’s spread, and decisions from governments and central banks that are holding the safety nets.

 

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