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Coronavirus Update: March 19, 2020 [Video]

Written by Brad McMillan, CFA®, CFP® | Mar 19, 2020 8:54:45 PM

Today, I'd like to share my framework for thinking about the coronavirus crisis, focusing on the virus itself, its economic effects, and the market implications. Viewed through this lens, it seems the virus is controllable, as seen in China and South Korea. Further, the widespread panic has been a positive, enabling governments to put effective restrictions in place.

Still, we’re starting to see the economic damage, with layoffs and business shutdowns. Are we headed toward another 2008? Watch my latest video to learn more.