Like you, we are devastated by recent events and are sharing in the national sorrow and anguish as staff, loved ones, and friends are directly affected. We hope you are finding strength in the incredible positive initiatives being done so willingly by so many to help soldiers and victims.
Why the Corona is good for asset allocators?
It has been seven weeks since the start of Pesach and 11 weeks since most western world countries started the 100 case count. I have a screenshot on my phone from early March showing the worldwide case count at 200,000 with 8,000 deceased. As I write to you now, it is 5.5 million confirmed cases with 350,000 deceased, and that is with social distancing of varying degrees across most parts of the world. Can you imagine the virus numbers if we did not take any protective measures?