Morning Brew Together with FUNDRISE - MWC2020 Is Canceled or Cancelled it is what it is!
- U.S. markets: Hedge fund icon Ray Dalio’s take on the coronavirus? “I think the most likely outcome is that this virus will be a larger version of SARS that will have a significant temporary effect but won’t have a big long term influence.” Markets bounced yesterday.
- Bonds: Greece’s 10-year bond yield dropped below 1% for the first time ever, which is remarkable considering yields were nearly 45% during the financial crisis. Even more remarkable is that Greece’s borrowing rates are some of the highest in the 19-country eurozone. It’s a low interest rate world, we’re just living in it.