Browsing Tag:coronavirus

Financial Planning During Coronavirus

Markets during Coronavirus

These are very interesting times we are living in, to say the least. The Coronavirus pandemic has upended daily life and economic activity all around the world. It is hard to believe that the Dow Jones Industrial Average was at an all-time high of 29,551 points on Feb. 12, 2020, and now it has sunk to trading below 20,000 points. This is a very fluid situation with COVID-19 beginning to make its impact on the US, as it already has…

Coronavirus Fears Worsen, but not Fundamental Market Issue

Coronavirus and stock market

The stock market has taken a beating this week with the Dow Jones Industrial Average (DJIA) experiencing at least two quadruple digit loss trading days and a possible third today. The DJIA peaked earlier this month at 29,551 points, but is currently trading in the 24,000’s territory. While we are noticing and tracking these market moves, we are not yet concerned. We are still optimistic about investing in the 2020 stock market. Here’s why: The stock market does not behave…