Welcome to PBHFA’s March missive! The last few weeks have been quite interesting both socially and in the financial markets. Black swan style events of COVID 19 and geo-political tensions have spiked the VIX sending equities and the oil complex plunging lower. I have not witnessed this type of market action for decades. The index swings and confusion on the street create tremendous opportunities, as well as, hazards across the board. Right now, our social events have been postponed.