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Diane Pang / April 3, 2020

Income Strategy First Quarter Review

As we started the new decade, traders all over the world had a new bounce to their step – no confidence could be shaken as we ended 2019 stronger than ever with optimism.

Then, rumblings of a “flu” broke out in China. The severity seemed so far away (only one province in China was impacted). By the end of January, China announced its plans to start strict quarantines and shut down factories after Chinese new year (early February).