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Weekly Money Hour - Riding the 'COVID-19' storm together

Read time
35 min.

We created the weekly money hour to exchange on topics around money and life in times of crisis. We want to make sure that everyone feels like they understand what’s happening in the current market. So we’re creating some specific Q&A webinars to address how the coronavirus is affecting the economy – and what you might do about it.

Each money hour has a deep dive topic selected by the community.

About COVID-19

A new virus called the severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) has been identified as the cause of a disease outbreak that began in China in 2019. The disease is called coronavirus disease 2019 (COVID-19). 

The virus is a type of coronavirus — a family of viruses that can cause illnesses such as the common cold, severe acute respiratory syndrome (SARS) and Middle East respiratory syndrome (MERS).

Cases of COVID-19 have been reported in a growing number of countries. WHO declared a global pandemic in March 2020. 

COVID-19’s Impact on the Stock Market

The stock market has fluctuated due to growing concerns of COVID-19.

Since the outbreak, stocks have definitely fallen more than 20% from it’s peak.

Author
Edward Jones, Financial Advisor, Theresa Hayes

Useful Articles 

Investor’s Business Daily: ThreeWays The Coronavirus Stock Market Correction May Play Out read here

McKinsey: Covid19 – Implications for Business read here

Why a Money Hour and what will we cover

It’sourwaytobehereforandwithyou.

We'll..

  1. provide relevant information in a time effectiveway
  2. help youtonavigatethroughthestorm confidently
  3. establish a communitytoexchangetogether

Every week we’ll cover a summary of the economic commentary, questions that you are concerned about and share experience.

Riding the storm together

Join our facebook group to exchange on topics around money and life.

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