Pandemics, stock markets and things that go bump in the night

Jared Troutman |

As I am sure you are all aware, a number of restrictions were put in place yesterday - locally, nationally and internationally - intended to minimize the impact of the COVID-19 pandemic.  We have never encountered anything quite like this, and the stock market is reacting with emotion and panic.

There is no roadmap for how the markets will behave in the next few days, weeks and months.  We cannot pretend, obviously, that this is how we hoped the situation would unfold. No one can. Just remember, we are in this together, and we will make it through this together by staying calm, staying disciplined and staying connected.

We are closely monitoring all portfolios and are ready, willing and able to make investment changes as warranted.  Often the decision to sit tight makes it seem like we are not doing anything, but rest assured that we are.  I have enormous faith in the ODCM team and in all of you and your and willingness to make the best of a very difficult situation. 

If you need to talk but are reluctant to engage in person-to-person contact, remember that we can be reached at 434-977-1550 or 800-446-2029, via email or through our website at www.odcm.com.  Please do not hesitate to reach out if you do need to talk, as the current situation is, to say the least, stressful for us all.

We are grateful for all of you and hope that you stay healthy and safe in the days and weeks ahead.