Meditations in an emergency
Multi-Asset Strategist Adam Berger discusses the macro and market impact of the coronavirus and offers his "playbook" for the coming weeks and months, including thoughts on rebalancing and opportunistic investments.

In the current environment, what’s “top of mind” seems to be changing week to week, if not day to day. My goal in this note (with a title borrowed from a Frank O’Hara poem) is to attempt to bring a little perspective to the economic and financial impact of the coronavirus. Specifically, I outline possible scenarios for the disease and the markets, offer thoughts and lessons learned on market volatility, and provide a decision framework for the near and longer term. I’ll also touch briefly on two lingering investment issues: the underperformance of non-US stocks relative to US stocks and value stocks relative to growth stocks.
Sponsored By
I agree to share the above data with ISS and the content’s sponsor(s) for the purpose of accessing this content. I understand I may be contacted by ISS or the sponsor(s) in the future. Any emails sent by ISS will include the option to opt out of future communications. Further information is set out in the Privacy Policy of this site.

Subscribe to receive our latest news and events! (Optional)

Subscribe to our daily newsletter for the latest industry news and in-depth reporting