To add a little levity this week as we enter month 3 of shelter in place I have broken down the market news using quotes from Game of Thrones (a worthwhile binge watch if you haven’t seen it).
“No one mind me. All I’ve ever done is live to a ripe old age.” — Ser Davos
In his 89 years on this earth Buffett has more often been right than he has been wrong, we should probably pay attention when he speaks.
“If you think this has a happy ending you haven’t been paying attention.” — Ramsay Bolton
Trade war part two? Tensions with China continued to flare, with the U.S. Senate unanimously passing a bill requiring companies to certify that they are not owned or controlled by a foreign government as a condition of listing on a U.S. exchange. The bill would also limit foreign companies’ access to U.S. financial markets if they fail to meet certain accounting and auditing standards. While the legislation would affect any foreign company, China is seen as a main target.
“Winter is coming.” — Ned Stark
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