Innovest Memo: Thoughts on Recent Market Volatility

The World Health Organization has now declared the coronavirus a global health emergency, and in the United States we have deemed it a public health emergency. We remain hopeful that global health authorities can contain the outbreak, but we also acknowledge that no one knows with certainty how it will play out or how extensively it will eventually spread. Our thoughts are with those infected and affected, particularly with the families of victims who may succumb to the virus and with those battling diligently to contain the disease. Our confidence is bolstered by the prospect of global cooperation and the news that researchers are already racing to develop a vaccine so quickly after the virus first emerged. Continue reading.