Markets   |   Feb 19, 2020

Fear vs Fundamentals: Redux

We are well into earnings season for the final quarter of 2019, but one could be forgiven for not noticing. After all, Coronavirus fears and the accompanying environment of heightened uncertainty have stolen the headlines. At the same time, they have poured cold water on what’s been a solid reporting season thus far, and market movements have been driven more by fears of a global pandemic rather than reaction to economic fundamentals.