Newsletters
May 2020
A Tour of the S&P 500
April 2020
Strange Days Indeed
A Tour of the S&P 500
Like most aspects of life since the outbreak of COVID-19, this Memorial Day weekend was unlike those in the past. The majority of us did not travel, swim or go to the beach, cook out with friends, or hug our parents or grandparents. Our entire investment team looks forward to a time that they can analyze business prospects and make investment decisions without considering the far-reaching effects of the virus on society. There is still much that we don’t know about the virus even as case levels plateau and decline in many areas of the country that were hit the hardest.
DOWNLOADStrange Days Indeed
We can’t help but continue to hear the lyrics of the Lennon song – Nobody Told Me – running through our heads. Virtually every day brings a new twist in the virus story. Some areas of the country are showing declines in growth rates of virus cases, some areas have yet to show any spike. We don’t know when the first cases appeared in the U.S. because we weren’t looking for them and we did not know how to identify mild cases and differentiate them from other flu strains. The lack of scale in timely testing has continued to hinder our understanding of the disease and its progression through the population. There are still unanswered questions about the communicability of the disease, morbidity, acquired immunity, period of infectiousness, and mutation. We also have no clear view of how the disease progresses within the body or what countermeasures are most effective. Even the efficacy of ventilators has been questioned.
DOWNLOAD