I have made our plan super clear and see absolutely no reason to change it.  We expect a vicious oversold rally followed by a test of the low as the weaker economic data begins to emerge.  We then plan to get more offensive because the monetary and fiscal stimulus that should follow the Covid-19 economic impact should be extraordinary.  This whole decline while painful should prove to be an excellent entry point for investors as the bottoming process plays out.

 

 

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