FEBRUARY 29, 2020 CORONAVIRUS PANIC As a “numbers guy”, I regularly pour over all the economic reports that we receive from various governmental agencies and many of the reports that the public companies issue each quarter in an effort to determine the health and strength of the economy and the momentum behind that strength. If possible, we prefer to tilt our portfolios toward more growth when the indicators are positive and less so when things appear to be softening. IT IS ALL ABOUT EXPECTATIONS! Even though the intermediate and long-term fundamentals look remarkably good right now, the numbers just don’t matter, it is all about EXPECTATIONS. As stated by Federated Market Strategist Phil O
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