September this year was a time when we had hoped to take one more step towards normal in our fight against COVID 19. Many of us started to go back to the office a bit more, our kids started a new chapter in their schooling and others inched their way further towards their old routines.
When we started our careers in the investment industry over 20 years ago, we would have never predicted writing something called a BLOG, let alone a Blog with this title. Well…. here we are.
As the pandemic starts to dissipate, businesses will open and individuals will come out of hibernation, but our world will be forever changed. Time at home has allowed for self-reflection. New behaviors will be adopted by individuals and businesses alike.
Our team has been through a lot of market events in the last 20 years and each time feels like a punch to the face. The Coronavirus and Oil shock have delivered two of these punches in succession. It is very difficult to look past the headlines of the day to see that this too shall pass and that we will, at some point in the future, return to normal.
This past week has been a difficult week from a headline news perspective. We realize the coverage of the Coronavirus has been disconcerting both from an economic perspective but also from a human point of view. We all hate uncertainty.