It felt as though a full year of market events happened in March 2020. A pandemic, a massive spike in spot volatility, an oil price war, a broad lockdown, and an end to the unprecedented bull market. Though most of these issues are persisting into April, it was a small relief just to turn the calendar and begin a new month. For us at First Quadrant, April 1st, 2020, was a day we have long had circled in our calendars, as it marked the three-year anniversary of our Global Diversified Macro strate