Today! What a great ending to the day! Maybe central bank printing does cure the coronavirus after all.
It was good to see a panic bid in the market that has been so rare during this furious sell-off. This may have legs to carry some of your underwater positions back into the black. Hurray!
It took the S&P 500 only six sessions to fall into correction territory, the fastest downfall in history. The Dow and the S&P 500 each fell 4.4%…
“The Coronavirus may clobber your retirement plans” —Greg Iacurci
Fear surrounding the global spread of the coronavirus, and its resulting economic impact, led to the worst week for U.S. stocks since the 2008 financial crisis… 🙁
March 05, 2019
A little girl walked daily to and from school. Though the weather that morning was question-able and clouds were forming, she made her daily trip to school. As the afternoon progress-ed, the winds whipped up, along with thunder and lightning.
The mother of the little girl felt concerned that her daughter would be frightened as she walked home from school, and she herself feared that the electrical storm might harm her child.
Following the roar of thunder, lightning, through the sky and full of concern, the mother quickly got in her car and drove along the route to her child school.
As she did so, she saw her little girl walking along, but at each ﬂash of lightning, the child would stop, look up and smile. Another and another were to follow quickly, each with the little girl stopping, looking up and smiling.
Finally, the mother called over to her child and asked, “What are you doing?”
The child answered, smiling, “God just keeps taking pictures of me.” 😉