March 31, 2020

Was last week’s mid-week 20% rebound real? Unemployment is exploding. 100 Million Americans are entombed in their homes. Businesses are shuttered. A pandemic threatens widespread death and suffering if some forecasts are to be believed. The stock market staged a dramatic three-day jump. We are saddened by the job losses, business foreclosures, stress, and tragedy but remain optimistic from a clinical investment standpoint.