Co-produced with author Beyond Saving
We saw a lot of red across the market in general on Friday. It's important to update on a few issues.
Coronavirus
Many are pointing to the coronavirus outbreak in China which has varying effects across the market, most of which are psychological. We have seen a drop in commodity prices as traders anticipate less demand from China. This negatively impacts our holdings primarily through oil.
Treasury rates have rallied, being considered the ultimate "safe-haven" asset. That's hardly surprising. However the rally is rather weak considering the response of the