By Herb W. Morgan, III, Efficient Market Advisors

Dear Investors & Financial Advisors:

At this point, the capital markets have moved beyond the potential impacts of the spread of the coronavirus and its ability to strain the capacity of the healthcare system. Many are actively questioning whether the intentional quasi shutdown of the US economy may do more harm than the coronavirus itself. Estimates vary widely about the impact to second quarter GDP but suffice it to say, the economy will contract at a double-digit rate. Even with all the recessions, wars, and natural disasters we’ve experienced there has yet to be a potential contraction this significant since the Great Depression. Continue Reading Here