Roberts Nash Advisory Group

Market Update – NBF Quick Take – March 18, 2020

“A few weeks ago, we were arguing that we couldn’t see any reason for the U.S. business cycle to come to a halt. The main reason was that there has never been a recession without monetary policy being restrictive, and the current policy rate was then very accommodative, with real rates below 0%”.

Full Comment

** I have prepared this commentary to give you my thoughts on various investment alternatives and considerations which may be relevant to your portfolio. This commentary reflects my opinions alone, and may not reflect the views of National Bank Financial Group. In expressing these opinions, I bring my best judgment and professional experience from the perspective of someone who surveys a broad range of investments. Therefore, this report should be viewed as a reflection of my informed opinions rather than analyses produced by the Research Department of National Bank Financial **

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