RE: Email blast or Facebook post

Posted on February 28, 2020

Let me =
know your thoughts=E2=80=A6

 

Coronavirus =
fear continues to drive the markets down. All three major indices (Dow, =
S&P 500, NASDAQ) had their largest single day drops in history. =
These major indices are now down between 10-15% for the week ending =
2/28/2020 and are now officially a =E2=80=98correction=E2=80=99 from =
all-time highs. U.S. stocks are on track for their largest weekly losses =
since 2008. In response to this, investors have fled to safer assets =
including government bonds, which has driven the 10-year Treasury to =
all-time lows at 1.14%.

 

The market =
has reacted to fears of a widespread global outbreak which would cause =
more and more disruptions to daily life and every-day business activity. =
With so little known about the Coronavirus and how widespread =
it=E2=80=99ll end up being, it=E2=80=99s difficult to gauge whether the =
market will quickly bounce back or if there will be continued, long-term =
volatility deep into 2020. So far, there is no known cure or vaccine for =
the virus.

 

In either case, President Trump has appointed Vice =
President Mike Pence to lead the United States=E2=80=99 response =
efforts.

 

5 Fast Facts About the =
Coronavirus:

-Globally, more =
than 80,000 have been infected, and 2,800 have died

-There are known cases in 46 countries across the =
globe including the United States, China, South Korea, Italy, Iran and =
Japan

-The current risk in the United =
States is still considered low relative to other =
countries

-All ages are at risk, but =
especially elderly individuals or those with diabetes

-The virus is transmitted through coughing, sneezing =
or other ways through saliva

 

The Centers =
for Disease Control has a great webpage that=E2=80=99s currently =
monitoring the situation and has sections that include: Symptoms, How It =
Spreads, Prevention & Treatment, Testing, FAQs, Cases in the US and =
more. https://www.cdc.gov/coronavirus/2019-ncov/index.html?mod=3Ddjem10p=
oint

 

 

From: =
GPIS Marketing <marketing@gpis4u.org>
Sent: Friday, =
February 28, 2020 11:44 AM
To: Sam Wiss =
<swiss@gpis4u.org>; Johnny Gottstein =
<jgottstein@gpis4u.org>
Subject: Email blast or Facebook =
post

 

Sam, can you come up with an article about the Dow =
drop & coronavirus for us to send out.

 

— =

=

E=
rnie Reales

M=
arketing Department
GPIS Employee Benefits Specialist
P=
: 866-201-7829 ext 106
F: 916-228-4056
A: 9700 Business Park Drive Suite 300 | =
Sacramento, CA 95827

www.gpis4u.org | marketing@gpis4u.org

       
Schedule Your FREE Retirement Analysis =
Today!

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