The Independent Market Observer

Coronavirus Update: April 9, 2020 [Video]

Posted by Brad McMillan, CFA, CAIA, MAI

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This entry was posted on Apr 9, 2020 12:05:47 PM

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Today, I'd like to look at where we are in the coronavirus crisis, including the economic and market implications. As the virus continues to move across the country, we can expect April to be a tough month. At the same time, there has been some positive news regarding the pandemic itself. The spread rate has dropped significantly over the past week, demonstrating the measures we’ve put in place seem to be working. But on the economic side, the news is not so good. We’ve lost more than 16 million jobs in the past three weeks. On top of that, both businesses and consumers have started to pull back. Fortunately, government programs are now being implemented, which may help mitigate the damage in the weeks ahead.

So, how have the markets reacted to all of this news? Watch my latest video to learn more.

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