Following yesterday’s steep selloff, world markets have bounced in the early going Friday. Massive fiscal stimulus packages across the globe have been deployed, most notably here in the U.S. and in Germany. Here in the States, the Federal Reserve has ballooned it’s balance sheet to at least $5.7 trillion (it was only $500 billion in 2000). In Germany, they’re deploying 500 billion euros in stimulus, and are stating that it’s the first of what will be an “unlimited commitment.”

Watch for a special Three Minute Trend Talk Monday morning. We’ll talk about the extraordinary steps being taken across the globe to mitigate the economic fallout, whether we’re headed for a recession or not, and why the Fed and other Central Banks will have to get creative with policy measures going forward.

In the meantime, Appleton Group continue to hold significant defensive assets across all risk-managed and hybrid strategies, and are participating minimally in most market moves at the present time.

We also want you to know that for more than a decade Appleton Group LLC has diligently put in place business continuity plans and have diligently tested those plans along the way. Our firm is operating at optimal efficiency and we are fully staffed across all departments (including trading, advisor staff and administrative departments). We also have ample financial reserves to continue to fully service our clients during this period of economic disruption. Time like these test the resiliency of any institution, and our firm’s flexibility and preparedness continue to serve us and our clients extremely well.