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Q1 2020 Market Update

Q1 2020 Highlights · Never bet against America · Quarterly Market Recap · Top Client Questions and Answers Thoughts on the United States of America The American economy is one of the greatest inventions in the history of the world. Temporary interruptions can and will happen from time to time. We are experiencing a historical interruption at present. However, we should be careful to not allow the current interruption to create fear and emotion that may cloud our long-term judgments. Rather we must understand the giant machine that is the American economy and the wonderful businesses and PEOPLE that operate inside this space. Since May 1st, 1920 the Dow Jones has grown near 23,426%. $10,000 i

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