“Fear is a Reaction. Courage is a Decision.”

This is a quotation attributed to Winston Churchill.  It may well have some relevance today.  Taken at face value, the quotation has considerable merit.  But left unsaid, is the importance of information. Investors should be careful to not overreact to scary events and while courage can be a valuable attribute, informed courage is more likely … Continued

Corona Update

The stock market is going to react directly and proportionally to real time corona virus news. SARS and MERS were the precedents and warmer weather muted the virility of those viruses. Hence, it could be a few more weeks of volatility. All comments and or suggestions are welcome. Robert M. Bilkie, CFA