I really wish it was!  Just a quick note, we didn’t expect the market to hold.  We all knew, intellectually at least, that it would probably drop more. The Dow finished the worst quarter since the Black Monday Crash of 1987.  Today kicks off 2^nd quarter and all signs are pointing down, again. 

But WHY after last week’s rally, the Fed’s liquidity, and the CAREs act?

The market is responding to the Administrations very stark prediction that 100K to 200K Americans will lose their lives from the coronavirus. And that the peak of new incoming cases should be reached over the next 2 to 3 weeks. While we’re all numb to bad news, we’re still human and at the core of the market is human emotion and confidence ~ or lack of confidence.

The rest of the technicalities are just noise at this point. Besides, we’ve talked about most of it already … duration, lack of demand, layoffs, unemployment, suspending dividends & stock repurchase plans, etc.  There is nothing new to see here! The good news is that the numbers continue to fall in line with everything the Federal Reserve Board Presidents have previously predicted. They have got this! The analysts, traders, & investors just couldn’t believe it initially.   

So what to do now?

Turn off the news! It’s your duty and responsibility to focus on staying healthy and keeping your family healthy, help those in need within your community, and be your amazing self!  We will lead our families and our teams calmly through this crisis!  

#BeTheCalm #Leadership!!!

If you have any questions or topics of interest, please send them to me! And forward the blog to friends that might be interested.

Susie