Economic Update 04-06-2020

• Economic data continued to reflect a slowdown in activity as the result of the coronavirus, although last month’s releases were mixed to some degree, based on when the results were measured. A toll can already be seen in ISM non-manufacturing and employment.
• U.S. and foreign equity markets fell back on continued uncertainty over economic impact from the coronavirus, and anticipation of a difficult few weeks ahead. U.S. bonds gained, upon government purchase support and a general investor avoidance of risk. Commodities gained as crude oil bounced sharply upon rumors of an OPEC production cut being discussed.

Click here to read more of this article

LSA Connect, April 6, 2020