“So what happened from March 23 through June 8 to generate a total return on the S&P 500 of 45% and cause sharp rallies in other risk assets over this same period of time? How did so many big-name investors miss this move? Of course, no one will ever know for sure, but I have two thoughts…”
To read the full version of CapAcuity’s Chief Investment Officer’s quarterly market perspective for 2Q20, click here.