COVID-19 has continued to affect the markets with increased volatility. Although some of the uncertainty has decreased over the past 7 weeks, there are still a lot of questions of uncertainty including when and how fast the economy will recover, and will there be another surge of the virus in the months ahead?
The market is reacting to a significant event with future unknown impacts causing extreme volatility. There are many similarities in History. One case in History which rhymes with the Coronavirus is the 1918 Spanish Flu.
We can learn a lot from a deeper dive into historical comparisons.
Financial goals aligned with our values are the key to sound decision-making that one will never regret.