Today’s Market Commentary – March 16, 2020

In a period of uncertainty, making drastic changes to one’s portfolio when asset prices are fluctuating by 5% to 10% per day is not a sound strategy.  Clearly, we are in uncharted waters and surrounded with a great deal of uncertainty.

However, there is certainty of a recovery as we look beyond this short term period of disarray.  In times like this, it is instructive to recognize all the progress and prosperity that the U.S. has enjoyed over the years due to hard work and ingenuity, leading to the highest standard of living in the world.

Robert M. Bilkie, CFA – CEO
Christopher W. Frayne, CFA, CFP® – Director of Wealth Planning