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Watershed Portfolio Update

As the Corona virus has spread across the globe, acquiring official pandemic status in the process, it has wreaked havoc on the world’s economies and financial markets. As the gravity of the virus’s impact became apparent,  governments worldwide began devising desperate stimulus initiatives to stabilise their economies and stave off recession. However, over the past week politicians have had to accept the inconvenient reality that these stimulatory measures will be delivered to populations that are confined to their homes for the foreseeable future. And not only are front doors shut, but restaurants are shut, schools are shut, universities are shut, many small businesses are shut…

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