Calm before the storm.....?
Submitted by Oram & Kaylor on May 15th, 2017Trying to accurately predict the movement of the financial markets is akin to predicting the weather. No one really knows, and we have to wait to see what actually happens.
Our lives have forever been changed because of the Coronavirus, which is why today I am not referring to the yield curve but to the latest talk of how to slow the spread of this virus with closures and social distancing. We now know that this is more serious than once expected. Even the happiest place on earth, Disneyland, has gone dark; a first in my lifetime.
I have received many phone calls and emails over the past few weeks and the one constant is clients telling me, “Darin, this time is different.”
Please know that different or not, I am dedicated to continuing to closely monitor the financial developments surrounding COVID-19 and to being here to assist you. Fortunately with today’s technology I am able to be fully functional and operational, remotely.
These events are never easy to deal with and we will only know how this all plays out looking in the rearview mirror. We may see it get worse this week before it gets better, but I do believe it will get better.
I hope that with the all recent developments to contain the spread people will be able to take a deep breath so that we can all move forward. I still stand by my advice to stay the course through this turbulent time.
Thanks to all those that have written in with compliments and words of encouragement. It is truly appreciated and it reinforces my dedication to all my loyal clients. Please stay calm and stay active. A healthy lifestyle will help all of us.
More than ever you must keep in mind that investing is a long-term proposition. This might end up being one of the best buying opportunities of the current decade.
Until next time….
Darin