No doubt, these are unusual times. Patrick and David from our Investment Team take a few minutes to provide an update on what Meristem views as the big three crises: a health crisis, a liquidity crisis and an economic crisis. In this conversation, they share institutional research focused on important future trends and they discuss how Meristem’s Investment Committee thinking has evolved through the pandemic. The key points:

  • Health Crisis: Modeling the path of the virus is imperfect and the eventual path will likely differ from initial projections. As we have seen in Asia, if containment measures are effective, predicted outcomes from just several weeks ago may be too dire.  
  • Liquidity Crisis: The speed and breadth of the supportive Fed programs seem to have managed the liquidity shock in March. Pay close attention, however, as the next phase may evolve into an issue of solvency.
  • Economic Crisis: The employment data will be telling in the next several weeks. Looking at underlying trends helps us understand affected industries and where government stimulus may help create a “U” shaped recovery later this year.

We hope you enjoy the video. Please be safe and healthy and reach out if we can be of any help.
Link above not working, click here for a direct link or copy and paste the link below into your browser.

The information and opinions presented in this communication are subject to change without notice, are provided for background purposes only and do not purport to be full or complete. No representation is made concerning actual future performance of investments, markets or the economy. Information obtained from outside sources is considered reliable but is not verified. Before investing, please carefully consider whether an investment is suitable for you. Past performance is not necessarily a guide to future performance and there can be no assurance that an investment’s objective will be met. Please refer to the offering document for further details of the financial commitments and risks involved in connection with investment. 

Performance information presented is not an indication of future results and index data is provided for market reference purposes only. This is not an offer to buy or sell or the solicitation of an offer to buy or sell any security/instrument or to participate in any particular trading strategy. 

This presentation is the property of Meristem, LLC and is intended solely for the use of the Meristem client, individual, or entity to whom it is addressed. This presentation may not be reproduced in any manner or re-distributed by any means without the express consent of Meristem. Mis-transmission is not intended to waive confidentiality or privilege.