Albeit extremely rare, the Black Swan Event of our lifetime has occurred. Our world has experienced shocks in the past but nothing like what we are seeing today, at least from a humanitarian standpoint.

Whether it was the crash of 1987, the savings and loan crisis in the early 90’s, the dot-com bubble, none of these storms pale in comparison to the scope and breadth of COVID-19. Of course 9-11 was an extremely tragic moment and event in time which we can compare and which also affected 1000’s of people from around the globe. We will never forget the men and women who lost their lives and the first responders who served in the 9-11 tragedy. The same rings true today, we will never forget the people who have lost their lives and the ones that have been stricken with this unprecedented disease. We also cannot be thankful enough to the men and women who are serving the front lines today in attempt to save peoples lives and who are treating the sick.

My thoughts and prayers go out to all and I also pray that everyone joins in to not only help where they can, but to also follow the guidelines of self isolation and social distancing. Please follow these critical rules and guidelines.

There will be no market analysis or market opinions today.

~George