March 2020: The Perfect Storm

The market has continued its downward spiral over the past two weeks as investors come to terms with the reality of the situation. The virus has now spread worldwide and will severely impact the global economy. Unfortunately, the U.S. response to the virus has been the slowest of any country based on the number of people tested for the disease. It is likely that several areas of the U.S. will face a healthcare crisis within the next 14 days where hospital systems will be overwhelmed with coronavirus patients. For our elderly clients over 70, do not take this situation lightly.

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