Market Valuation Analysis

The uncertainty of the timeline for a "return to normalcy" has created liquidity concerns across practically all economic sectors. Companies of all sizes and levels of financial strength are drawing on open lines of credit to weather worst case scenario contagion estimates.  Commercial landlords will likely see missed rent payments with little demand to lease shuttered storefronts, while rising unemployment may lead to a spike in residential mortgage and rental delinquencies; this has clearly impacted the recent performance of financial stocks, REITs and mortgage insurers. To continue to help our clients navigate the economic impacts of the pandemic, we have updated market performance data from the previous write-up to include last week's historic sell-off [...more] Read Full Article »