February 2020 Monthly Market Update

Market action in the first half of March made February’s run of the mill correction feel like a summer breeze. That said, February did mark the end of the euphoria of the mid-January U.S.-Sino trade deal and record high equity prices both of which were washed out by global economic concerns surrounding coronavirus/COVID-19 outbreaks, falling oil prices, and early tremors of U.S. election rhetoric.