In case you haven’t noticed, worrisome days have arrived, thanks to the concern over how coronavirus might impact our global economy. As we draft this update, headlines are reporting the most significant weekly stock market losses since 2008.
You, Your Investments, and the Coronavirus
The term “novel coronavirus” is so new, some people have wondered whether it is related to Corona beer - it is not; it’s named after its crown-shaped particles. Regardless of the name, news of the virus has quickly grabbed global headlines. As the viral news has spread, so too has financial uncertainty. What’s going to happen next? Will it infect our economy? So far, the U.S. financial markets have remained relatively immune. But should you try to dodge markets that have been exposed?