The second quarter’s strong performance for our strategies reflected massive Fed intervention (three trillion dollar expansion of balance sheet), the benefits of government programs designed to aid those most impacted by the economic shut down from the coronavirus (more than three trillion dollars), and the gradual reopening of the U.S. economy.Download Investment Insight
The first quarter commenced with reasonably good results for the domestic markets (following an excellent year in 2019) when “out of the blue” can the coronavirus leading to a global pandemic which has had profound medical and economic implications globally. Continue reading.Download Investment Insight
Reality interfered with our plans when “out of the blue,” a vicious virus emanated out of Wuhan, China in December 2019.
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