After the March that we had, the past week felt like a breeze. Lots to cover though, so I’ll skip the introduction. As always, this article is written as at 3 April 2020, and will not be updated going forward. Updated thoughts are on Patron. Do note that this is not financial advice. If you are in doubt as to the action you should take, please consult your stock broker or financial advisor. Basics: What happened the past week The past week was a lot less action packed in terms of big events. This supports my thinking that Phase I of the Virus panic is now over. Phase I was characterized by forced deleveraging, and was a disorderly exit. Phase II on the other hand, will be characterized by corporate defaults, and will play out more like a plain vanilla recession (or depression). 2 big events to talk about: (1) COVID-19 Bill, and (2) Asymptomatic Transmission. COVID-19 Bill in...