2020 First Quarter Market Commentary

Maggie Mayer Quarterly Market Commentary

This report features world capital market performance and a timeline of events for the past quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. The report also illustrates the impact of globally diversified portfolios and features a quarterly topic.

Our Response to Stay-at-Home order

Maggie Mayer Miscellaneous

Wisconsin Gov. Tony Evers has issued a stay-at-home order to Wisconsinites to fend off the coronavirus outbreak that is ravaging populations worldwide. The governor’s order will require nearly all workers in our state to work remotely and goes into effect on Wednesday March 25, 2020 at 8 AM and last 30 days.

Fear is Normal

Maggie Mayer Miscellaneous

“I learned that courage was not the absence of fear, but the triumph over it. The brave man is not he who does not feel afraid, but he who conquers that fear.” – Nelson Mandela

Mr. Market

Maggie Mayer Miscellaneous

No one can predict the short-term future with much accuracy. The last few days are just another example. How quickly life can change for the whole world. To put this into context, during the last five trading days, we had the three worst and two best trading days we have seen in the last ten years.

Stock Market Moves

Maggie Mayer Miscellaneous

A big “point” drop in the stock market today. The newspapers will have big headlines of “DJIA Drops 1,031 Points” in the morning. Many news sources already have it on the top of their webpages. People who never talk about the stock market will begin talking about it.

The Happiness Curve

Maggie Mayer Portfolio Management

“It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t so.”-Mark Twain