June 15, 2020

As we approach the halfway mark of 2020 one is sure to wonder what in the world is going on.  As living creatures, it is instinctual to attempt to protect ourselves, family and friends from danger.  Indeed, we do a decent job of avoiding disasters that we can anticipate.  But it is usually the threats we don’t see coming that get us!  Or the dangers we chose to simply ignore.

As investment advisors, we are all too familiar with surprises, which is why our models are built to get us through whatever adversity comes along.  We are pleased with the relative performance of our portfolios.  They have done what they were supposed to do considering:

  • In March we had the fastest decline ever to down 34% on the S&P 500.
  • From April to June we had an equally impressive 44% climb. (note: a 34% decline would require a 51.5% rise to get back to even)


Some good news, as of June 4th, 2020, according to the Association of Individual Investors, 39% of investors are bearish on stocks for the next six months.  This is a classic Contrarian Indicator as the little guy is often wrong.

As mentioned in last month’s letter, we have added a series of video blogs to our website at www.southwestinvestmentadvisors.com. The topics range from timely issues to common investment thoughts and ideas.  We hope this service offers timely and timeless education.

Lastly, we hope that you and your family and friends stay safe and well.  We are praying for some medical breakthroughs in our fight against COVID19 and its recent resurgence. Thank you for your business, referrals, and trust. 

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. 


Submitted by Southwest Investment Advisors on June 15th, 2020

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