Opening Statement from the June 2020 Intelligent Investor (part 1) 

Opening Statement from the June 2020 Intelligent Investor (part 1) 

Originally published on June 4, 2020 (pre-market release)

Overview

As discussed in special webinars held in March (as well as in the Intelligent Investor and Market Forecaster) the impact from the response to COVID-19 is likely to result in a record-low collapse in GDP for many nations. In our view, we have been in a global recession since mid-March. Moreover, in early April we stated that most economic data from around the globe would be “off the charts.”