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We were rocking along, basking in the long bull market, confident that defensive measures put in place during 2019 and before would serve the portfolio well during any future recession and/or bear market.
On January 23, Kirk Spano tweeted that coronavirus "is actually the most important story in the world...." On February 24, Kirk wrote:
While some of the coronavirus slowdown will manifest in pent up demand that will have to be caught up in the next few quarters, much is also permanently lost economic