Phew, what a week it's been… and it's only Wednesday!
The threat of the coronavirus is real and the government is acknowledging as much with travel bans from Europe and Sunday night's Fed announcement that it cut rates to basically zero.
While it may feel like the walls are crumbling down I want to reassure everyone that what we're going through right now is not a financial crisis (yet)…
Rather it's a health crisis causing financial disruption. If we are able to level off the infections, then things like companies failing (which'll then signal a financial crisis) can be avoided.
However, Washington has plans set in place that'll stimulate the economy in case it gets hit.
I also want to share today the stocks I've been keeping an eye on in light of all the news and what I'm waiting for before I begin buying.
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