This morning, the stock market opened nearly a thousand points below Friday's close. It's the largest dip in over a year, and ate up all the gains for 2020.
It shouldn't be a surprise. When a viral illness essentially shuts down the second largest market in the world, the market suffers.
The fun has only just begun.
Our economy teeters on the edge of a knife. All it needs is a little push. Since the coronavirus is more like a huge shove, perhaps it's the catalyst that will bring it all crashing down. We'll see. The next couple of days will tell us a lot.
So what does it mean for you? Is it all doom and gloom?
Well, every crash has been successively worse than the one before. So if this is the big one, it'll be really bad.
At the same time, if you understand what's happening, you can see what's coming. And you can prepare.
On today's show, we'll break down the workings behind these moves in the market. Then we'll discuss what the future may hold. Whether you're an expert investor or a total novice, you need to hear this conversation.
After you've listened, please share the show with friends, family, or anyone else who needs to hear this message.
While everyone else is handwringing about the apocalypse, we're going to be setting ourselves up to thrive through the recession. And we want you to join us.
~~~~~~~~~~~~
Intro music by Nick White, producer of The Statist Quo.

This episode is brought to you by our sponsor:
Candid Co