Market Update: Current Conditions

Tuesday, March 10, 2020

On March 10, 2020, Palisade Capital Management Chief Investment Officer Dan Veru provides an update on current market conditions.

Friday, March 27, 2020
MARKET UPDATE from Dan Veru
Posted in Market Commentaries: During this stressful time, we know that your health and safety, and the wellbeing of your family and friends, is your number one priority. Like all previous crises, we will recover a stronger nation. However, as the coronavirus (COVID-19) pandemic accelerates domestically and the U.S. economy, the strongest and largest on earth, has come to a grinding halt, many of our fellow citizens are significantly impacted. We are almost certainly in a recession, but the government response is of a size and scale that has never been seen before, even during the 2008 financial crisis. I am confident that the economy will endure and a three- to six-month bottoming process for stocks and corporate bonds has likely begun.; Read More

Monday, March 23, 2020
OPERATIONAL UPDATE
Posted in Announcements: As mentioned in our prior updates, all Palisade team members have the capability and tools to work from home for extended periods of time without any disruption to our investment management operations or your client experience. In fact, every Palisade employee has worked remotely for at least a portion of the past three weeks while our office technically remained open.; Read More

Monday, March 16, 2020
Palisade Operational Update
Posted in Announcements: Anxiety and fear are running high across the board, and with good reason, as the world is simultaneously dealing with two of the most sensitive topics for individuals: health and finances. We understand your concerns and want to once again reassure you that Palisade is operating smoothly during this difficult period.; Read More

Friday, March 13, 2020
Client Relations Update
Posted in Announcements: Palisade remains fully operational and committed to serving our clients during these challenging times.; Read More