Rough road ahead....Usa economic future is bleak at the moment. 1 step forward 2 steps back. Gdp seen worst contraction ever and jobless #s are gaining no positive traction. Almost 16 mil unemployed americans right now. And if you think there will not be a prolonged refecession or worse i want some of your pills. I bet we see massive chargeoffs in the next 12 months. From mda:.... "As of today, Canada and the U.S. are only approximately five months into the COVID-19 pandemic. Financial markets and businesses across many industries are already experiencing significant challenges and it will likely be some time before the duration and ultimate severity of the impact will be known. Chesswood expects that, at a minimum, there will be a further period of decreased originations and increased delinquencies/charge-offs, perhaps significant. Chesswoods subsidiaries have already granted deferrals on payments on material portions of their portfolios of leases and loans."