Market Update - February 2020

Oh, how the good times can change quickly! After what was shaping up to be a record start to 2020, the last week of February saw the sharpest market selloff in the equities since the downgrade of US sovereign debt back in August 2011. This months email is understandably longer than our usual monthly, to better address the many questions and concerns that we are getting from our clients. How have our investment portfolios held up during the recent turmoil? We’ve been extra cautious since late 2019 (when the market move upwards coming off of the 2018 crash had already exceeded our expectations). In our model portfolios, we have been consistently moving more money to safe have cash and bond

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