Economic Update: A Full Quarter of COVID-19

July 30, 2020

Markets rallied during the second quarter of 2020. The unprecedented federal stimulus measures more than offset an otherwise brutal global economy. But it’s impossible to predict what the markets will do in the next few months. Much will depend on the status of the COVID-19 pandemic and whether there’s more government relief. What’s our recommendation for investors with a long enough time horizon? A diversified portfolio with a reasonable amount of equity exposure.

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