Cautious optimism in markets

06 April 2020

Markets opened with optimism today as coronavirus infection numbers appeared to be stabilising in some European countries. But economic data continues to get worse across most developed countries and the US is still facing the worst of the crisis in the coming weeks, leaving investors in a state of uncertainty despite some signs of hope.

  • Italy and Spain - Europe's worst-hit countries - have had a decline in new cases
  • Global economic forecasts continue to be cut even as Chinese production figures rebound
  • Goodbody is sticking to a cautious, selective buying strategy for both equities and bonds, seeking out resilient quality 


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