Over the past two weeks we have seen volatility within the markets as a result of the Coronavirus Outbreak. Market volatility is not only common but is expected in our industry, and it always will be. Having a strategy in place is essential. We have been closely monitoring our “Volatility Reduction Strategy” (VRS) indicators as always, and they are still positive. This being said, the current course of action is no action. If we see the economy or other factors dictate a move we are ready to act, but for now we maintain confidence in our strategy and continue to stress the importance of keeping a long-term objective. If anything, this pullback may provide a buying opportunity.

We wanted to share an article we consider to be a (quick) worth-while read. If you have any questions or concerns, we are more than happy to talk.

First Trust Economic Research Report: Time to Fear the Coronavirus?

Have a wonderful day,

Todd, Jason & Rachel