Coronavirus, Markets and Economy Weekly Talking Points – April 20, 2020

Written by Debra Taylor

“This makes the Great Lockdown the worst recession since the Great Depression, and far worse than the Global Financial Crisis.” – IMF April 14, 2020

COVID-19 Summary

  •  The US currently has 730,000 cases, with between 25,000 and 30,000 new cases each day
  • US deaths will surpass 40,000 this week (Source: Wall Street Journal)
  • The main cause of uncertainty with COVID-19 is that it is difficult to know how many people have been infected, if they can be reinfected, and there is no cure, treatment or vaccination
  • There are 2.3 million cases worldwide
  • Many now believe that we will not have an effective recovery until there is widespread and accurate testing, a cure and a vaccination (the latter which could take twelve months)

Click here to read full article

Get in Touch

In just minutes we can get to know your situation, then connect you with an advisor committed to helping you pursue true wealth.

Contact Us

Stay Connected

Business professional using his tablet to check his financial numbers

401(k) Calculator

Determine how your retirement account compares to what you may need in retirement.

Get Started