Friday update

It was a rocky week, to say the least, both in the financial markets and in the battle against the coronavirus. One piece of good news is that our portfolios fell much less than the markets today as our recent moves to increase the quality of the portfolios really benefited us. Also, just a reminder we still have not deployed our "dry-powder". This will be very advantageous for us when the time is right to begin to buy.   

A few points- In our video this past Monday we said that we believed the number of positive cases in the U.S. would grow significantly this past week with increased testing. That is exactly what happened and we expect more of the same over the weekend. 

Next, there is hope that the Senate votes Monday on what is expected to be a bill with over $1 trillion disbursed to individuals, small businesses and industries such as the airlines. 

Lastly, we will have a new video out Monday. 

I hope you have a good weekend and remember, our country will beat this!