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Sent: Friday, March 6, 2020 12:19:51 PM
To: Johnny Gottstein <jgottstein@gpis4u.org>; Tamera Fall <=
tfall@fallcomm.com>
Subject: Fwd: Email blast or Facebook post
—
From: <swiss@gpis=
4u.org>
Date: Fri, Feb 28, 2020, 12:32 PM
Subject: RE: Email blast or Facebook post
To: GPIS Marketing <marketing@gp=
is4u.org>, Johnny Gottstein <jgottstein@gpis4u.org>
Let me know your thoughts=85
Coronavirus fear continues to drive the markets do=
wn. All three major indices (Dow, S&P 500, NASDAQ) had their largest si=
ngle 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 =91correction=92 from all-time highs. U.S. stocks are on =
track for their largest weekly losses since 2008. In response to this, inve=
stors have fled to safer assets including government bonds, which has drive=
n the 10-year Treasury to all-time lows
at 1.14%.
The market has reacted to fears of a widespread gl=
obal outbreak which would cause more and more disruptions to daily life and=
every-day business activity. With so little known about the Coronavirus an=
d how widespread it=92ll end up being,
it=92s difficult to gauge whether the market will quickly bounce back or i=
f there will be continued, long-term volatility deep into 2020. So far, the=
re 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=92 response efforts.=
5 Fast Facts About the Coronavirus:
-Globally, more than 80,000 have been infected, an=
d 2,800 have died
-There are known cases in 46 countries across the =
globe including the United States, China, South Korea, Italy, Iran and Japa=
n
-The current risk in the United States is still co=
nsidered low relative to other countries
-All ages are at risk, but especially elderly indi=
viduals or those with diabetes
-The virus is transmitted through coughing, sneezi=
ng or other ways through saliva
The Centers for Disease Control has a great webpag=
e that=92s currently monitoring the situation and has sections that include=
: Symptoms, How It Spreads, Prevention & Treatment, Testing, FAQs, Case=
s in the US and more.
https://www.cdc.gov/coronavirus/2019-ncov/index.html?mod=3Ddjem10point
From: GPIS Marketing <marketing@gpis4u=
.org>
Sent: Friday, February 28, 2020 11:44 AM
To: Sam Wiss <swiss@gpis4u.org>; Johnny Gottstein <jgo=
ttstein@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.
—
Ernie Reales
Marketing 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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