ALERT: Stocks Plunge as Coronavirus Spreads

  InvestorPlace Digest  
 
InvestorPlace Digest
 
 

Dear Reader,

Consider it a wake-up call.

U.S. stocks fell sharply this week, as concern grows over the fallout from the coronavirus — a deadly flu outbreak first identified late last year in Wuhan City, China.

The virus has claimed more than 200 lives and sickened nearly 3,000 and has spread to 18 other countries, including the United States, the United Kingdom, Russia, France, and Canada .

On Monday, the Dow shed 400 points — and went negative for the year — as investors piled into safe-haven assets like gold. Early this morning, the Dow was down more than 200 points after the World Health Organization (WHO) declared deadly coronavirus a global health emergency on Thursday.

“The problem is for most investors this is just not a risk event they are prepared for — a true black swan in the making,” one analyst said.

While no one should panic, we believe every prudent person should be prepared for the worst.

I can’t think of a better resource to help you prepare than this presentation my colleague Eric Fry recently helped me put together.

He literally wrote the book on bear market preparation.

You can read all about the critical steps Eric is saying every American should be taking right now by clicking here and viewing this presentation.

Sincerely,

Signed:
Brian Hunt
CEO, InvestorPlace


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