What are you doing to make sure that your investors remain safe in this kind of carnage? Are you buying the fear or are you simply protecting whatever capital or stocks you have?
We are buying a fair amount of stocks. I am quite positive that while this virus is a bit of an uncertain thing, from a time-frame perspective, it is a reasonable assumption that between six and 12 months, we will be back to normal. There are two or three positives which we should keep in mind. One, that the interest rate outlook becomes better; two, the stock market may do better than the economy because with this kind of shock, a lot of smaller guys will be very subdued.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
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