“Almost There” Highlights of the CARES Act

We should be on the verge of the start of MLB baseball season, with all the anticipation generated by spring training nearly behind us. Like a runner stranded on third base, we are yearning to “cross home plate” in our contest with the COVID-19 Pandemic. We want to hear our beleaguered healthcare professionals have enough […]

Waiting for Good News

“The optimist sees the doughnut; the pessimist sees the hole.” ― Oscar Wilde “If you change the way you look at things, the things you look at change.” ― Wayne Dyer Over the past several weeks we all have been inundated with information and news, both on the COVID-19’s ability to create a devastating health […]

Why is COVID-19 Like a Lily Pad?

Thankfully, COVID-19 finally has everyone’s attention. Why “thankfully”? The coronavirus is like a single lily pad in a pond. Assume a lily pad replicates itself every two days. How many days before the pond is covered in lily pads? 47 days. And for the first 40 days, you don’t even notice the lily pads. The […]

Thoughts on Coronavirus

Like many around the world, we are saddened by the loss of life and disruption caused by the outbreak of the coronavirus (COVID-19). While the outbreak has already impacted equity and fixed income valuations, we continue to believe it is unlikely these effects will persist over the long-term or impact our ability to fulfill our […]