This is our market alert video for March 26, 2020 and what we’ve seen over the last three days is a significant rally. The markets, the Dow and the S&P, rose tremendously on, at first, the hope of a stimulus package, and then, the passing of a stimulus package, and we’ve seen a mighty rally, so we might be thinking is this all over now because of that. Well, the one thing that I want to be sure that we look at is history,
This is the market alert video for today, March 24, 2020, and we have the hope for a big stimulus package to come out of the Congress and the Senate, and it looks like it’s going to be on the order of $2 trillion, and there’s a lot of optimism about that and how that’s going to help. And the markets, the Dow and S&P, rallied quite a bit today based on that news.
Transcript
Hello. I’m Ken Moraif, Senior Retirement Planner and Founder of Retirement Planners of America, and this is our market alert video for the week ended March 20, 2020. This was not a pretty week on the markets. The S&P and Dow were both down over 10% for the week. The continuing damage that we fear is going to happen to the economy because of the coronavirus is causing people to sell their investments and that’s why we think we’re seeing all this downside.
Hello. I’m Ken Moraif, senior retirement planner and founder of Retirement Planners of America, and if you’ve been following these videos, you know that we counseled our clients to get out of equities early last week, and at this point, you may be wondering: is it too late for you to do the same; what should you do; where is this going to go; and all those kind of questions, so I wanted to address those in my opinion.
Transcript
Well, this has been a very tumultuous week, and this is our market alert video for the week ended Friday the 13th of March, and this is supposed to be a weekly video that we produce, but I think we’re going to rename it the tri-weekly video that we produce after what’s been going on. So, it’s been a very eventful week. As you know, we sold our equity positions on Tuesday,
