Investment Commentary


  • Financial market volatility reemerged in January amid geopolitical concerns and coronavirus fears

  • There are some similarities between the current coronavirus outbreak and SARS from 2003/2004, but the response from the Chinese government has been more swift in the current health emergency

  • The 1/29 FOMC statement was generally perceived to be slightly more dovish, and the IOER rate was increased 5 bps to 1.6%

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