Welcome to the Dividing Cafe weekly market commentary focused on dividends in your portfolio and dividends in your understanding of economic life.

Welcome to the Bonson Group's national video call, current market outlook around COVID-19, June 29th, 2020.

Our host for today's call is David Bonson,

the Bonson Group's founder, managing partner,

and chief investment officer, and Scott Gamm of Strategy Voice Communications.

For this call, all participants will be in a listen-only mode.

Later, we will conduct a question and answer session.

Please send your questions for that

Q&A session to COVID at the Bonson Group.com. I will now turn the call over to your hosts.

Gentlemen, you may begin. Well, thank you again, Erica, and I'm looking forward to turning

this over to Scott here in a moment with, of course, our perpetual gratitude for Scott's

willingness to join us and play a role in these bi-weekly calls. And for those who read the

Dividing Cafe over the weekend, you know that, and of course can tell from the scenery that it's something different.

I'm actually doing this call for the first time since we've been doing them in my apartment here in New York City.

And not only is that just sort of logistically different, but symbolically indicative of how much things are advancing and moving and what has been

a three or four month period for the history books in a number of different ways.

And so, as I have kind of recalled on a couple occasions, my family and I flew back from New York on March the 13th, which was a

Friday. March 9th, which was a Monday and March 12th, a Thursday were two of the worst three days

in the stock market going back to the Great Depression. And then on the Monday, the 16th, now back in California,

we had the worst day in the market since Black Monday of 87.

So that sort of sets the framework as to what was going on back in the middle of March

as the uncertainty around the coronavirus was escalating exponentially,

...