Managing Perspective in Uncertain Times
Over recent months, the world has been caught off guard by the coronavirus outbreak. As we continue to grapple with the potential implications and uncertainties, this is a good reminder of the possibility of “black swan” events — unpredictable occurrences that have major consequences.
Today’s situation has been heightened by the reality that we are so much more connected than in the past — this being perhaps the first major global health event of the social media age. This has likely supported certain unprecedented reactions, including the equity market volatility resulting from the most recent significant drop in oil prices.
During these challenging times, we shouldn’t lose sight of the fact that the situation is expected to eventually be resolved. There will undoubtedly be shorter-term economic effects; however, global policy makers continue to take action to support economies for the near term, including emergency rate cuts and other stimulus efforts.
Click below read the full article and download a PDF with our 4 page March 2020 Update from The Wong Group.
Q2_2020_The_Wong_Group_Update March 2020
As always, we are present, focused and prepared for opportunities to help you and your family. Please feel free to call me or my team at 778 655-2410.
Sincerely,
Maili Wong and The Wong Group at Wellington-Altus Private Wealth
