CIO Daily Market Update with Will Bartleet
CIO and multi-asset portfolio manager at Pacific Asset Management
The final day of an extraordinary quarter for markets saw equities and bonds mixed with European equities rallying and government bonds slipping whilst the US saw equities sell-off and government bonds rallying.
President Trump tweeted that the US should spend $2 trillion on infrastructure “With interest rates for the United States being at ZERO, this is the time to do our decades long awaited Infrastructure Bill. It should be VERY BIG & BOLD, Two Trillion Dollars, and be focused solely on jobs and rebuilding the once great infrastructure of our Country!” There are now more cases of COVID-19 in New York that in Hubei province, the source of the virus outbreak.
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