I understand the continued uncertainty facing all of us. We are grappling with an economic and a health care crisis. It’s something none of us have ever faced, and yet – recessions are not new, we have faced them before. One of the recurrent themes I emphasize is …that we act continuously on our plan; we never react to the economy or the markets. Consider the interesting fact that in April the Dow Jones Industrial Average and the S&P 500 recorded their best monthly gains since 1987. It’s an incredible disconnect between the financial economy and the real economy. No one can truly say where the markets might be at the end of the year. There are too many unknown variables. Those who make forecasts are simply offering opinions. Let’s just pause and be still. Read more