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Investors appear willing to grant a mulligan to the global economy and corporations/stocks negatively impacted by the outbreak/devastating effects of the coronavirus in China and elsewhere. While no one knows for sure how long it will take to control the coronavirus, it remains clear that the global economy, including China, were and remain on the cusp of accelerating growth once contained, which we still expect to occur over the next few months.
We expect the stock market to remain volatile during this period of uncertainty but we remain confident that global growth will improve sequentially