In Plus episode 287 for the week of February 22, 2020, we review the spread of the coronavirus pandemic and the typical growth pattern and duration of pandemics. We evaluate recent economic releases, including the downbeat U.S. services PMI flash report, to see how they reflect the impact of the coronavirus. Finally, we assist a member who has had difficulty investing the proceeds of a home sale. … [Read more...]
286: Coronavirus and the Financial Impact of Pandemics
The 2019-2020 coronavirus pandemic is growing exponentially. Thousands of new cases are confirmed daily. Hundreds have died. Medical professionals and scientists are scrambling to identify how deadly the coronavirus is, how contagious, how it spreads, and what mechanisms, including vaccines, are effective at containing the outbreak. Pandemics have an Impact on the Economy The coronavirus pandemic also has a monetary impact. Factories in China are closed. Tourism has come to a … [Read more...]
