Q2 2020 – Annandale Capital Quarterly Commentary

Year-to-date, global equity markets have fallen a mere -6.0%, and large-cap US equities have fared better at -3.1%. Who would have predicted this result given the current state of affairs? US industrial production has been cut in half. 12.9% of the US labor force, over 18.0 million Americans, are receiving unemployment insurance. Surveys indicate 32% […]