January 2020 Market Update
Submitted by Corrigan Financial, Inc on March 2nd, 2020Stock values and Treasury yields both declined in January, mostly due to concerns over the spread of the coronavirus, which the World Health Organization has declared a public-health emergency of international concern. For the month, global stock declines of about one percent were offset by global bond returns of just over one percent. Oil prices tumbled and gold prices rose, as investors contemplated the potential scope of the virus’s economic impact.
