Coronavirus has an effect on the markets, but little on our portfolios

I watched with interest last week as the stock markets began to crack a little under the weight of the coronavirus news. I’ve been watching even more closely over the weekend and today (Monday, 1/27/2020).

As of this writing, the S&P-500 is down a little more than 1% since Friday’s close. Our portfolios have moved very little, due to the US treasuries and the precious metals.

I’ll keep a close watch out, but there is no cause for concern at this time.